A 56-year-old pastor, Elijah Adeyemi, who allegedly deceived a bank and obtained N31.4 million for erecting school hostels, was on Friday arraigned at an Igbosere Magistrates’ Court, Lagos.
Adeyemi, whose address was not given, is standing trial on a two-count charge of fraud and stealing.
The Prosecutor, Insp. Adoga Amedu, told the court that the accused committed the offences on Nov. 13, 2012 at No. 54, Wema Bank, Marina in Lagos.
“The accused with intent to defraud conspired with others at large and stole the sum of N31.4 million property of Wema Bank.
“Adeyemi deceived the bank that he was going to erect some hostels for one Bethel Baptist College, a representation that was false,” Amedu said.
He said that the offences contravened Sections 285 and 312 (1) (3) of the Criminal Law of Lagos State, 2011.
The accused pleaded not guilty.
Mr Daniel Abbe, counsel to the accused, urged the court to grant him bail on liberal terms.
In his ruling, the Magistrate, Mr P. A. Adekumaiya, granted the accused bail for five million naira with two sureties in like sum.
Adekumaiya ordered that the sureties should be civil servants on grade level 12 and above and working with the Lagos State Government.
He also said the sureties should deposit two million naira each to the chief registrar’s account and adjourned the case to Aug. 4 for mention.