Lagos trader defrauds microfinance bank of N21m

A man, Jude Atuanya, who allegedly defrauded a Lagos microfinance bank of N21million with others still at large, has been released on bail on the order of a court.

An Ikeja Chief Magistrates’ Court presided over by Mrs O. A. Layinka, granted the accused a bail of N1 million with two sureties in like sum.

The 34-year-old trader, who lives at House 23, 3rd Avenue Close, Hotel Estate, Ojo, off Lagos-Badagry Expressway, is facing a three-count charge of conspiracy, fraud and stealing. The accused, however, denied the charge.

Vanguard, September 7

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