KINGSLEY EBERE
A 47-year old woman, Basirat Akande, has been arrested and charged in Lagos State for allegedly swindling Citygate Global Investment Limited to the tune of N50m with fake bank cheque.
P.M.EXPRESS reports that the incident happened in September, 2025, at the company located at 35. Oba-Akran Avenue, Ikeja-Lagos, over an undisclosed business transaction.
According to the Police, the woman and one Emmanuel Akande now at large, conspired and issued FCMB Cheque for cash sum of N50m, which was presented to Citygate Global Investment Limited on behalf of one Emmanuel Akande ‘m’ now at large for payment within three months of issuance.
However, the cheque was dishonored on the ground that no fund was in the account or insufficient funds.
Thus, the matter was reported to the Police at Man Centre Division. The suspect was arrested and charged before the Ogba Magistrate Court for the alleged offence which attracts several years of imprisonment.
The charges read:
COUNT I: “That you, Basirat Akande and one Emmanuel Akande ‘m’ who is at large, sometime in September, 2025, at Citygate Global Investment Limited situated at No. 35. Oba-Akran Avenue, Ikeja-Lagos, in the Ikeja Magisterial District, did conspire among yourself to commit felony and thereby committed an offence contrary and punishable under Section 411 of the Criminal Law of Lagos State 2015,”
COUNT II:” That you, Basirat Akande, on the same time and place in the aforementioned Magisterial District, did knowingly issue FCMB Cheque for cash sum of (N50,000,000:00k) Fifty Million Naira only, which was presented to Citygate Global Investment Limited on behalf of one Emmanuel Akande ‘m’ at large for payment within three month of issuance, which was dishonored on the ground that no fund or insufficient funds were standing to your credit in the account at the bank of which the cheque was drawn and thereby committed an offence under Section 321(b) of the Criminal Law of Lagos State, 2015.”
However, she pleaded not guilty.
The Prosecutor, Supol Philip Ademigbuji, asked the Court to give a date for hearing since she pleaded not guilty to enable the Police to prove that she actually committed the alleged offence.
The Presiding Magistrate, Mrs. O. Kusanu, granted her bail with two sureties, who must show evidence of means of livelihood and tax payment while addresses will be verified by the Court.
The matter was adjourned for mention while the defendant was remanded in custody at the correctional center at Kirikiri town, Lagos, pending when she will perfect her bail conditions.