Jim Iyke in court for duping lady N15million Days After Acquiring 2 State Of The Arts Cars

The
Police Prosecutor, Mr Chijoke Okezie, told the court that on Aug. 8,
Habiba Abubakar wrote a petition to the Inspector General of Police (IG)
to investigate the fraud.

He
said that investigation into the case revealed that the accused, a
resident of Sunnyville Estate, Abuja, deceived Abubakar into acquiring
15 per cent equity shares to the tune of N15 million from his company,
Untamed Records Ltd.

Okezie
said the accused admitted that the complainant paid the money into his
Oceanic Bank account No. 00500173691, deviating from his initial plan of
investment and converted the money to his personal use.

 He added that when the complainant confronted the accused, he resorted to beating her and threatened to kill her.

Okezie
said the accused was charged with criminal breach of trust, criminal
force, assault, cheating and criminal misappropriation which contravened
sections 312,265,322 397 and 309 of the Penal Code.

The accused pleaded not guilty to the charges.

Counsel
to the accused, Esther Uzoma, made an oral bail application for the
accused in pursuit of section 341(2) of the Criminal Procedural Code.

She
prayed the court to grant the accused bail on liberal terms and for
self recognition, and promised that the accused would not jump bail.

However,
Okezie objected to the bail application, saying that investigation into
the case was not completed, and that criminal breach of trust was not
ordinarily billable.

Chief
Magistrate Okeagu Azubike, said that the bail application had merit and
granted the accused bail in the sum of N500,000 with two sureties in
like sum.

He ordered that the sureties must be responsible Nigerians who must reside within the jurisdiction of the court.

He adjourned the case to Dec. 9, to enable the police complete their investigation.

Meanwhile to view a picture of the cars he acquired, click here

Source: 234next.com