For failing to produce her husband she stood as surety to obtain a loan of N1.5mÂ from a micro finance bank, a 30-year old woman has been remanded in prison custody.
The accused, Mrs. Kehinde Jones, was remanded in prison custody after she wasÂ charged before the Yaba Magistrate’s Court and failed to meet the bail conditions.
Kehinde’s ordeal started when she stood as surety for her husband, Mr. Kole Jones,Â to obtain a loan of N1.5m from Credit Plus Micro Finance Bank in Lagos, Lagos State,Â Nigeria.
Mr. Jones was said to have disappeared after collecting the money and efforts by theÂ wife to locate him proved abortive.
The company reported the matter to policemen at the Adekunle Police Station and theÂ wife was arrested and charged before the Yaba Magistrate’s Court on a three-countÂ charge of obtaining money under false pretence, an offence punishable under sectionsÂ 516 (a) (1), 419 and 390 (9) of the Criminal Code, Cap.C.17, Vol. 11, Laws of LagosÂ State of Nigeria.
Count two of the charge reads: ”That you, Kehinde Jones with others at large on 22Â June, 2010 at Credit Plus Microfinance Bank in the aforesaid magisterial districtÂ with intent to defraud obtained the sum of N1.5m from one Edwin Iyadi, the ManagingÂ Director of Credit Plus MicroFinance Bank Limited.
She pleaded not guilty to the charge and the magistrate granted her bail in the sumÂ of N200,000 with two sureties.
The matter has been adjourned till 22 November, 2010.