An Ado-Ekiti Chief Magistrate Court, on Wednesday, remanded three middle-aged men, Omolayo Ojo, 40, Akinyemi Taiwo, 47, and Ismaila Akadiri, 52, in Correctional Centre over alleged Seventy-Five Million Naira fraud.
The Police Prosecution, Inspector Johnson Okunade, told the court that the defendant committed the offence on October 31st, 2019 at the Afe Babalola University (ABUAD) community in Ado-Ekiti.
He alleged that the defendants on the said date unlawfully defrauded a legal luminary, who doubles as the founder of ABUAD, Chief Afe Babalola the sum of N75 million.
Okunade said that one high chief in the state, Chief Oluyemi Abidakun, with one other involved in the case were still at large.
He added that he had duplicated the case file and sent to the office of the Director for Public Prosecution, DPP for legal advice.
According to him, the offence contravenes Section (8) and 1(3) of the Advance Fee Fraud and other Fraud Related Offences, Act, and Perjury Contrary to Section 118 of the Criminal Code.
Counsel to the defendants, Mr Ope Ademoyegun prayed the court for a short adjournment date for all his clients.
Chief Magistrate, Aderopo Adegboye, ordered that all the defendants be remanded in the correctional centre pending the outcome of the advice from DPP.
He subsequently adjourned the case till March 13, for further hearing.