Lagos—A septuagenarian, Shakin Oworu, who allegedly forged and defrauded Universal Hair Care Ltd. of N200 million to acquire personal property, has been arraigned before an Igbosere Magistrate’s Court, Lagos.
Oworu, 70, alongside his daughter, Bukola Opara née Oworu, Nasiru Ismaila and others still at large, was docked before Chief Magistrate Folashade Botoku.
Oworu is standing trial on a three-count charge of conspiracy, forgery, theft and receipt of stolen property.
The Police prosecutor, Eshiet Eshiet, told the court that the septuagenarian committed the alleged offences between 2008 and June 2016.
According to him, the defendant committed the offences at Universal Hair Care Ltd. office on Williams Street, Lagos.
Eshiet said Oworu stole N200 million, belonging to the company to acquire a property on Obayan Street, Bariga, and landed property at Oko-Oba, Agege, Lagos, a property on Obadia Bariga, pharmaceutical and supermarket at Yaba, Lagos, (names withheld), landed property at Ogudu, Lagos, a white Toyota Hiace Bus, (registration number withheld), two Toyota Corolla cars (registration numbers withheld), among others.
The offences, according to him, are punishable under Sections 411, 287 (7) and 328 of the Criminal Laws of Lagos State, 2015.
However, the defendant denied the charge against him.
Magistrate Botoku granted him bail in the sum of N250,000, with two sureties in like sum. She ordered that the sureties must show evidence of tax payment to the Lagos State Government and have their addresses verified by the court.
The case was adjourned till October 18 for mention.