A 24-year-old Point of Sale operator, Shamsudeen Ishiaka, has been arraigned before an Ogudu Magistrates’ Court in Lagos for allegedly defrauding his colleagues of N17 million.
Ishiaka, whose address was not provided, faced two charges of fraud and stealing. He pleaded not guilty.
According to the prosecutor, Inspector Bassey Sunday, the incident happened in November 2024 at Mile 12 Market, Ketu, Lagos.
Sunday told the court that Ishiaka collected money from five colleagues on different days, promising to provide cash in exchange for bank transfers. However, he failed to deliver the cash and disappeared.
He said, “Mr Oluwakemi Dada transferred N7 million, Mr Nuhu Hassan N4 million, Mr Ahmed Didat N2.7 million, Mr David Chibuzor N1.8 million, and Mr Dare Oyegoke N1.5 million to the defendant, but he absconded with the money.”
The prosecutor added that the police tracked and arrested Ishiaka after a complaint was filed.
Sunday noted that the offence violated Section 287 of the Criminal Law of Lagos State, 2015.
The Magistrate, Mrs. O.A Daodu, granted Ishiaka bail in the sum of N1 million with two sureties in like sum.
She adjourned the case until April 15 for mention.
