A businessman, Clifford Okpara, on Thursday appeared before an Ikeja Chief Magistrates’ Court for alleged N4.2 million fraud and supply of fake products.
Okpara, of no fixed address, is facing a three-count charge of fraud, supply of fake products and stealing which he pleaded not guilty.
The Police Prosecutor, Insp. Benson Emuerhi, said the defendant obtained N4.2 million from the complainant, Eleganza Industrial Ltd, for the supply of seven pieces of change over switch.
“The defendant collected the money from the complainant and supplied seven fake pieces of the product, presenting same to be genuine, a representation he knew to be false,” the prosecutor said.
He said that the defendant committed the offences between Oct. 27 and Nov. 26, 2017 at the premises of Eleganza Industrial City Ltd, Ibeju-Lekki in Lagos.
“Okpara did intentionally sell seven change-over switches suspected to be fake as it were substandard in material and quality to the unsuspecting company (the complainant).
“All efforts made by the complainant for the defendant to refund the money proved abortive,” hence the report,’’ Emuerhi said.
He said the offence contravened Sections 160, 287 and 365 of the Criminal Law of Lagos State, 2015.
Section 287 provides a three-year jail term for offenders.
Chief Magistrate B.O. Osunsanmi granted the defendant a bail of N500, 000 with two sureties in like sum.
Osunsanmi said the sureties must be gainfully employed with an evidence of two years tax payment to the Lagos State Government.
She adjourned the case until June 14 for mention.