Bureau-de-Change operator remanded in Lagos prison over alleged N900,000 fraud

Justice Mohammed Idris of the Federal High Court in Lagos on Wednesday remanded a 41-year-old Bureau-de-Change operator, Ibrahim Kabiru, in Ikoyi Prisons for allegedly defrauding his business partner of N900,000.
The judge adjourned to October 12 for hearing of the bail application
Kabiru, whose address was not given, is standing trial on a three-count charge bordering on conspiracy and fraud.
The prosecutor, DSP Raymond Odion, told the court that the accused committed the offences on January 14, 2014, in Lagos.
Odion said the accused with another still at large obtained N900,000 from one of his business associates, Kabiru Yakubu, on the pretext of giving Yakubu the dollar equivalent of the money.
The prosecutor also alleged that during police investigation, it was discovered that the accused, fraudulently, obtained 33, 000 dollars through the internet.
He said the offences contravened Sections 1 (3) and 7 (2) of the Advanced Fee Fraud and other Related Offences Act, Laws of the Federation 2006.
The prosecutor urged the court to remand the accused in prison pending trial.
The accused pleaded not guilty.
The counsel to the accused, Mr Chuma Mepe-Olisa, asked for an adjournment to enable him to prepare his bail application.