First Nation MD provided forged document for N1.7bn loan, Witness tells court
Mr Ogo, a Legal Officer with Polaris Bank , formerly Skye Bank, testified at the beginning of the trial of Mr Odukoya over alleged N1.7 billion theft.
“At the point of the first application for these facilities, the defendant undertook to avail the bank of some collateral.
“When the bank commenced mortgage of these properties with particular reference to the property at No. 29, Oduduwa Way, Ikeja, with registration No. 33 on page 33 volume 1011 at the Lagos State Land Registry, Alausa, it was discovered to be false.
Mr Ogo informed the court that page 50 of the newspaper publication declared that the title document of the property was missing, stating that whoever found the document would be rewarded handsomely.
“The bank thereafter instructed its external solicitor to petition the EFCC as regards the act of the defendant.
“Subsequently another petition was written by our lawyer to the EFCC to carry out investigation on the fraudulent act of the defendant of obtaining the bank’s money by false representation of facts.
“My lord, when Bellview Airlines Ltd. was in operation, it started banking with Skye Bank Plc in 2006/2007.
The News Agency of Nigeria (NAN) reports that the EFCC is alleging that Mr Odukoya committed forgery, use of false document and perjury on March 21, 2013, in Lagos.
Mr Odukoya is also alleged by the EFCC to have used the false document, and also gave false information on oath, concerning the loss of the certificate of occupancy at the Lagos State Land Registry.
However, the defendant, who was arraigned on March 15, 2018, pleaded not guilty to the four-count charge of forgery, use of false documents, perjury and stealing.Read more: Premium Times
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