Home West African News Nigeria News Issuance of Dud Cheque: EFCC Arraigns Businessman Abraham Ologunja

Issuance of Dud Cheque: EFCC Arraigns Businessman Abraham Ologunja

Abraham Adedayo Ologunja was arraigned by the Economic and Financial Crimes Commission (EFCC) on Thursday May 12, before Justice E. F. Ikponmwen of the Edo State High Court, Benin City on one count charge of issuance of dud cheque.

Ologunja allegedly presented a cheque of N4.4million for the payment of DPK belonging to the complainant, Anyagbeso Bright, which on presentation at the bank was dishonoured for insufficient funds.

He person pleaded not guilty when the charge was read to him.

The charge reads:
“That you, Abraham Adedayo Ologunja, “m” on or about the 14th Day of October, 2013 at Benin, Edo State within the jurisdiction of this Honourable court did fraudulently issue a Keystone Bank Plc cheque No 00000020 dated 14th October, 2013 in the sum of four million, four hundred thousand naira (N4,400,000.00) only in favour of Anyagbeso Bright in which said cheque was presented for payment within three months of its issue, it was dishonoured due to insufficient funds standing to your credit and thereby committed an offence.”

Based on the plea of the accused person, counsel to EFCC, J. N. Dogonyaro asked the court to fix a date for trial. But, counsel to the accused person, P. E. Asemota pleaded with the court to grant his client bail as the offence was bailable.

However, Justice Ikponmwen told the defence counsel to file the necessary papers and adjourned the case to May 16, 2016 for hearing on the bail application and commencement of trial. [EFCC]


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