Trader refuses to pay N700,000 debt

court of law

The gavel of justice

The gavel of justice
The gavel of justice
A trader, Wahab Kadiri, who allegedly failed to refund N700, 000, value of the tiles he collected from a distributor, was on Thursday charged before an Ikeja Senior Magistrates’ Court, Lagos.

Kadiri, 68, a resident of 5, Adebisi St., Ikotun, Lagos, is facing a two-count charge of obtaining money under false pretences and stealing.

The Prosecutor, Corporal Michael Unah told the court that the accused committed the offences on April 30, 2015 at 2 Oyetola Idowu St., Ilupeju, Lagos.

He said that Kadiri obtained the tiles from one distributor, Michael Kobichi, on the agreement that he would remit the money after selling the tiles.

Unah alleged that the accused sold the tiles without remitting the money, which he converted to his personal use.

According to the prosecutor, the accused has been avoiding the complainant since then.

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“The complainant said that the accused started avoiding him and started getting supplies from other distributors,” Unah told the court.

The prosecutor said the offences contravened Sections 285 and 312 of the Criminal Law of Lagos State, 2011.

Section 312 prescribes a 15-year jail term for offenders on conviction.

The accused, however, pleaded not guilty to the charge.

The Chief Magistrate, Mrs A.O Gbajumo , granted the accused bail in the sum of N50,000, with two sureties in like sum.

She adjourned the case to June 15 for mention.