The police accused the fake traditional ruler and others now at large of conspiring among themselves to fraudulently obtained the sum of N15 million from one Moriselade Ajoke, under the pretense of assisting her to procure a slot in the proposed Lekki Free Airport Investment.
The accused persons were alleged to have committed the crime at 8, Olokonla Street, along Ajah, in Ibeju-Lekki, Lagos.
The defendant was also alleged to have falsely presented himself to the Complainant as the Oba of Lagos, Oba Osuolale Akiolu, who is entrusted with the said proposed Lekki Airport Investment.
The police also alleged that the defendant dishonesty stole the said sum from the complainant, Moriselade Ajoke.
The Offences according to the prosecutor, Inspector Adebayo Oladede are contrary to and punishable under sections 409, 312, and 380(1) of the criminal law of Lagos state as (amended).
The defendant, pleaded not guilty to the charges.
In the view of the defendant’s plea, his lawyer, Mr. Bright Eboigbe, pleaded with the court to admit him to bail in the most liberal terms.
Consequently, the presiding magistrate, Chief Magistrate A. O. Ajibade (Mrs.) admitted him to bail in the sum of N2 million with two sureties in the like sum.
Apart from that, the court also ordered that each of the sureties must be gainfully employed in a reputable organization and must show to court evidence of three years tax payment to the Lagos state government.
The chief magistrate also ordered that the addresses of the sureties must be verified by the prosecutor.
The court ordered that the defendant be remanded in prisons custody and adjourned the matter till October 16
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