Issuance of Dud Cheques: EFCC arraign business man at Enugu High Court


    The Economic and Financial Crimes Commission (EFCC) on Monday, July 25th, arraigned one Samuel Sunday Ovute, a business man and owner of Obuegu & Sons Enterprises, on a two count charge bothering on issuance of dud cheques and obtaining by false pretence, the sum of One Million, Six Hundred and Sixty Two Thousand, Four Hundred Naira (N1, 662,400.00), before Hon. Justice K.I Okpe of the State High Court 11, Enugu.
    It was alleged by a petitioner, that sometimes around April 2015, Ovute, a business man who deals in liquor fraudulently and with intent to defraud, issued Fidelity bank cheques to the tune of Nine Hundred and Fourteen Thousand Three Hundred and Eighty Naira (N914, 380.00) and Nine Hundred and Fifteen Thousand Six Hundred and Ninety Naira (915,690.00) respectively, being payment for liquor supplied to him by the petitioner.

    The cheques were however returned due to insufficient fund in the accused person’s account and that all efforts made to recover the said amount from the accused proved abortive and instead of repaying the said monies, he went ahead to acquire properties/goods, opened a new shop and continues his business somewhere within Enugu metropolis. The case has been adjourned to 26th and 27th of September 2016 for accelerated hearing. …Read More

    Source:: Linda Ikeji Blog