A film actor, Jim Iyke, 35, was on Thursday arraigned before an Abuja Chief Magistrates' Court charged with N15 million fraud. 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.
I specialize in investigative reportage across several subject matter and sectors but mainly focus on metro events and investigation. Do leave your thoughts and opinion on my reports to let me know what you think about them. Thank you
Posted: at 11-11-2011 05:04 PM (12 years ago) | Addicted Hero
oyericho at 11-11-2011 05:24 PM (12 years ago) (m)
Naa wah oooo
Posted: at 11-11-2011 05:24 PM (12 years ago) | Newbie
AFTER U PEOPLE WILL START TO POST ABOUT JIM IKE THAT HE CLOSED SHOE SHOP IN LONDON AND BOUGHT A CARE OF #1500000000000000000000000000. CAN U JUST IMAGINE NOW?
Posted: at 11-11-2011 06:27 PM (12 years ago) | Upcoming
AFTER U PEOPLE WILL START TO POST ABOUT JIM IKE THAT HE CLOSED SHOE SHOP IN LONDON AND BOUGHT A CAR OF #1500000000000000000000000000. CAN U JUST IMAGINE NOW?
Posted: at 11-11-2011 06:30 PM (12 years ago) | Upcoming
I don't believe this gossip at all. Even if it is happening, its a set-up. This is the handiwork of girls who can't get him. They should leave him and his fiancé alone .
Posted: at 11-11-2011 08:03 PM (12 years ago) | Upcoming
oyericho
vantheo
donspirado88
rol123
ochi2sky
kingoe
Jcneu
Muzzing
babyleslie
omohere
Osolife123
Ngeboju
mallorca
1daful
darasunki
osasu83
CHUKAGLY
TRENDING GISTS 
Don Jazzy Spotted With D'banj Days After He Was Disrespected by Wizkid
Moment Nigerian Man Uses IV Bag To Slowly Drip Fuel Into Generator To Reduce Consumption