The Police on Friday in Lagos arraigned three unemployed men who allegedly obtained N2.8 million under the pretext of counterfeiting 100 dollar bills.
The accused – Temitope Ibrahim, 19; Udo Chukwu, 56; and Omokaro Iyobo, 26 – were docked in an Ikeja Chief Magistrates’ Court on a three-count charge of obtaining by false pretenses, conspiracy and stealing.
At their arraignment, the Prosecutor, Insp. Simon Imhonwa, told the court that accused committed the offences on Dec. 31 2015, at Powerline Area, Egbeda, a Lagos suburb.
Imhonwa said that two of the accused, Iyobo and Chukwu, conspired with Ibrahim, who was an employee of one Mr Moses Odikhena, to obtain N2,789,000 needed for the operation from his employer’s business.
He said that Ibrahim supplied the gang with the funds needed to purchase certain chemicals to reproduce dollar bills.
Imhonwa said the case was reported to the police by Odikhena, who discovered irregularities and missing funds.
The accused, however, pleaded not guilty to the all charges.
The offences, according to the prosecutor, contravened Sections 285, 312 and 409 of the Criminal Law of Lagos State.
The Magistrate, Mrs Bola Osunsanmi, granted them bail in the sum of N200,000 with two responsible sureties each in like sum.
She adjourned the case till April 11 for trial.