Tuesday, 6 November 2018

EFCC arraigns 68-year old man for Issuing a Dud Cheque in Ibadan

The Ibadan Zonal office of the Economic and Financial Crimes Commission on November 2nd, 2018 arraigned one Peter Kushimo, 68, before Justice M. L Owolabi of Oyo State High Court, Ibadan on a one-count charge bordering on issuance of dud cheque contrary to Section 1(1) (b) of the Dishonoured Cheques (Offences) Act, Cap D11, Laws of the Federation of Nigeria. He pleaded not guilty to the charge.
The charge against him reads that you, “Peter Kushimo (trading under the name and style of P-Charity Publicity Company) on or about the 6th July, 2018, at Ibadan within the Ibadan Judicial Division of this honourable court, did issue a First Monument Bank cheque No. 22158766 dated the 6th of July, 2018 for the sum of N2, 800, 000: 00 to one merchant Wise Investment Limited which cheque on presentation within 3 months of issuance was dishonoured for lack of sufficient funds in the account number 2001019922 to which it is drawn and thereby committed an offence”.
In view of his plea, the Prosecuting counsel, Dr. Ben Ubi prayed the court for a date for trial and remand of the defendant. The judge adjourned till 9th of November, 2018 for trial and ordered that the defendant be remanded in the EFCC custody.

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