A 37-year-old man, Soyombo Olanrewaju, was on Thursday arraigned before an Iyaganku Magistrates’ Court, Ibadan, over an alleged N5 million mushroom fraud.
Olanrewaju, whose address was not provided, was charged with obtaining money under false pretence and stealing.
He, however, pleaded not guilty to the charges.
The Prosecutor, ASP Foluke Adedosu, told the court that the defendant committed the offences sometimes in 2021 and 2022 in Ibadan.
Adedosu said that the defendant fraudulently obtained the sum of N5 million from one Mrs Elizabeth Folorunsho and two others, with the pretext of selling mushrooms to them.
She said that the defendant converted the money to his personal use without supplying the mushrooms.
According to her, the offences contravene Sections 419 and 390(9) of the Criminal Laws of Oyo State, 2000.
The Magistrate, Mrs M. Olagbenro, granted the defendant bail in the sum of N500,000, with one reliable surety in like sum.
She adjourned the case till Aug. 1 for hearing. (NAN)