Connect with us

News

N152 Scam: Lagos Court Set Feb’ 2025 Trial Date For Olusanya, Oaks Homes Limited

Published

on

A Federal High Court sitting in Ikoyi, Lagos will commence the trial of Lagos-based Estate developer, Olukayode Olusanya, CEO, Oak Homes Limited on February 10, 2025, for allegedly defrauding US-based Nigerian, Mr Anthony Ehiedu Ugbebor of a total sum of N152 million.

This was disclosed by the presiding judge, Justice Musa Kakaki on November 26 when the case was brought before him.

Interestingly, the accused, Mr Olusanya and his counsel, Adeleke Agboola, a Senior Advocate of Nigeria were in court when the matter came up for mention.

Advertisement

Recall that the prosecutor, Chief Superintendent of Police M.A. Omo-Osagie, had prayed the court to grant him the leave to withdraw the former three-count charge in suit number FHC/L/261C/2024 and replace same with a four-count charge; a request that was granted.
As is always the case in fraud-related litigations in Nigeria, Olukayode Olusanya pleaded not guilty on behalf of himself and his company.

CSP Omo-Osagie subsequently urged the court to give a trial date given the plea taken by the first and second defendants.

Defense counsel, Mr Adeleke urged the court to allow his client to enjoy the former bail granted him. The court obliged him and fixed February 10, for the commencement of trial.

Advertisement

The fresh charges, as filed by the Police Prosecutor in CHARGE NO.FHC/L/261C/2024:
BETWEEN
INSPECTOR-GENERAL OF POLICE = COMPLAINANT
AND
1) OLUKAYODE OLUSANYA ‘M’ 41 YEARS
2) OAK Homes Ltd (Oak Homes Multinational Services Ltd) = DEFENDANTS
1ST AMENDED CHARGE
That you Olukayode Olusanya ‘M’, Oak Homes Ltd and one Lynda Umeh ‘F’ Head of Sales and Marketing, now at large being the Chief Executive Officer and Head of Sales and Marketing respectively, on the 8th day of November, 2017 at No. 11A, Jubril Aminu Street, Parkview Estate and No.4 Ribadu Road off Awolowo Road, both in Ikoyi, Lagos within the Judicial Division of this Honourable Court did conspire among yourselves to commit felony to wit: Obtaining money from One Anthony Ehiedu Ugbebor ‘M’ under false pretences and thereby committed an offence contrary to Section 8(a) of the Advance Fee Fraud & other Related Offences Act No. 14 of 2006 and punishable under Section 1(3) of the Advance Fee Fraud and other Related Offences Act No. 14 of 2006.

COUNT II
That you Olukayode Olusanya ‘M’, Oak Homes Ltd and one Lynda Umeh ‘F’ now at large on the same date, time and place in the aforementioned Judicial Division did by False Pretence and with intent to defraud obtained the sum of One Hundred and Fifty- Two Million Naira (N152,000,000) from One Anthony Ehiedu Ugbebor ‘M’ a Resident of Valley Stream, New York 11580, United States of America under the pretext of selling and delivery of possession of a two (2) units of Three (3) Bedroom Flats at ‘The OAK Residence’ situated at No. 14A Musa Yar’Adua Street, Victoria Island, Lagos, a representation you knew to be False and thereby committed an offence contrary to Section (1) 1 (a) of the Advance Fee Fraud & other Related offences Act No. 14 of 2006 and punishable under Section 1 (3) of the Advance Fee Fraud & other Related offences Act No 14 of 2006.

COUNT III
That you Olukayode Olusanya ‘M’, Oak Homes Ltd and one Lynda Umeh ‘F’ with intent to defraud did offer for sale a two units of Three bedroom flat on the second floor at “The OAK Residence’ situate at No. 14A Musa Yar’Adua Street, Victoria Island, Lagos through an offer Letter dated 6th November, 2017 with an inducement to deliver possession on 28th February, 2019 to one Mr. Anthony Ehiedu Ugbebor a resident of Valley Stream, New York 11580, in the United States of America having fraudulently obtained the Sum of One Hundred and Fifty-Two Million Naira (N152,000,000) from him, a promise you knew to be false and thereby committed an offence punishable under Section (4) of the Advance Fee Fraud & Other Related Offences Act No.14 of 2006.

Advertisement

COUNT IV
That you Olukayode Olusanya ‘M’ and one Lynda Umeh ‘F’ now at large on the same date, time and place in the aforementioned Judicial Division did steal the sum of One Hundred and Fifty-Two Million Naira (N152,000,000), property of one Mr. Anthony Ehiedu Ugbebor under the pretext of selling a 2 unit of 3 Bedroom flats at the 2nd Floor of ‘The OAK Residence’ situate at No. 14A Musa Yar’Adua Street, Victoria Island, Lagos via an offer Letter dated 6th November, 2017 and converted the proceed to your personal use, an offence punishable under Section 290 (9) of the Criminal Code Act Cap C38 LFN, 2004.

Advertisement
Comments
Advertisement
Advertisement
Advertisement
Advertisement Web Hosting in Nigeria
Advertisement
Advertisement

Trending