A businesswoman, Rasheedat Bello, 58, on Tuesday appeared before Magistrate Lateef Layeni of the Ojo Magistrates’ Court in Lagos, charged with obtaining N10 million by false pretence.
The defendant, whose residential address was not provided in court documents, pleaded not guilty to the charge of obtaining money on false pretence.
The Prosecutor, SP Simon Uche, told the court that the defendant committed the offence on Dec. 17, 2025, at Etegbin area of Shibiri in Ojo.
He alleged that the defendant fraudulently deceived and obtained the sum of N10 million from her siblings, the proceeds realised from sale of their father’s property.
According to Uche, the money was part of her elder brother’s share of the proceeds from the sale of their father’s estate.
The prosecutor said that Bello used the money to purchase a property for her older brother without his consent, knowing that the purchase sum was lesser than his original share of the money.
She said that the defendant was eventually arrested by the police.
The offence, the prosecutor said, contravened the provisions of Sections 323 of the Criminal Law of Lagos State 2015.
The court granted the defendant bail in the sum of N1 million, and, with two sureties in like sum.
Layeni directed that one of the sureties must be a landlord within jurisdiction, adding that the sureties must produce evidence of tax payment with their addresses verified.
He adjourned the case until June 6, for mention. (NAN)
