An FCT High Court in Gudu has remanded one Dennis Ogbede in prison over alleged land fraud to the tune of N35 million.
Dennis Ogbede, who is the Director of Alidenco Systems Nigeria Limited, was arraigned for allegedly defrauding one Maje Umar Nafiu of Maje Investment and Construction Company to the tune of N35m in land acquisition in 2009.
The EFCC filed a three-count charge against Ogbede on account of his alleged presentation of fake land titles in Wumba area of the FCT to Nafiu.
The EFCC further alleged that Ogbede agreed to refund the sum of N25m through three post-dated Zenith Bank cheques, which all failed to clear upon presentation to the bank in December, 2015. The offences violate Section 1(1) of Dud Cheque Offences Act and are punishable under same.
However, the defendant pleaded not guilty to the offences. Following an application by his counsel, the trial judge, Justice Modupe Osho-Adebiyi, ordered him to produce a bail bond of N2m and two sureties in like sum.
The judge ordered that he be remanded in prison custody until he fulfilled his bail conditions. The case was adjourned to May 30, 2019, for hearing.
