Man arraigned by EFCC granted One Million Naira bail for Issuance of N2.1m dud cheques

December 16, 2017 7:54 am

The Economic and Financial Crimes Commission, EFCC ,Enugu Zonal Office  on Tuesday, December 12, 2017 arraigned one Uwakwe Osita Samuel before Justice C.O. Ajah of Enugu State High Court on a three-count charge bordering on Issuance of Dud Cheque to the tune of N2,100,000 (Two Million ,One Hundred Thousand Naira only).

Uwakwe, was said to have issued three Good Shepherd Microfinance Bank Limited Cheques to settle a financial obligation in favour of the petitioner, who had reported that the cheques when presented for payment within three months were dishonoured due to insufficient fund.

The offence was contravenes Section1 (1) (a) and (b) (i) & (ii) of the Dishonoured Cheques (Offences) Act. Cap D11 of the Revised Edition (Laws of the Federation of Nigeria) Act,2004 and punishable under same Act.

When the case was called up, prosecution Counsel, B.N.Obasi-Eze asked that the defendant be docked to take his plea. Uwakwe pleaded not guilty to the charges necessitating the defence counsel, J.E.Orji to move motion for the bail of the defendant which was opposed by the prosecution counsel.

The accused was granted bail in the sum of N1,000,000 (One Million Naira Naira only) and one surety in like sum. He said the surety must be a civil servant that must live within the jurisdiction of the court.

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