The police in Lagos have arraigned a businessman, Johnny Lulubarango before a Chief Magistrate’s Court sitting in Tinubu area of the state for allegedly
The prosecutor, Morufu Animashaun from the Force Criminal Investigation Department ForceCID, told Magistrate Kemi Awoyinka that Lulubarango committed the offences sometime in May 2022.
Animashaun also claimed that the defendant, who resides in Port-Harcourt, River State, obtained the sum of N18 million from a firm called ‘Nomba’ with a promise of investing the money in a business and paying back the company the proceeds of the funds. The police lawyer further informed the court that the defendant received the money from the company in three tranches, which were paid into the following accounts: 08037954863, 08063507938 and 08033425261.
The prosecutor also alleged that the defendant, after receiving the money, failed and refused to pay it back to the company but fled to Port-Harcourt, River State, where the police operatives later apprehended him. He maintained that the acts contravened sections 322 and 287 of the Criminal Law Ch.C17, Vol 3, Laws of Lagos State 2015.
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