Court Remands Businessman Over N218m Property Scam | Sahara Reporters

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Court Remands Businessman Over N218m Property Scam One of the tenants said the property comprised a Shopping Plaza at Plot 109, Adetokunbo Ademola, Wuse II, Abuja. READ MORE:

An Mpape Magistrate Court in Abuja has remanded Mike Wasiu Adamu, a businessman, in Police custody following his alleged involvement in a N218million property scam.

The “Warrant of Commitment of Prison of Remand’ directed the official in charge of prisons at the Police Intelligence Response Team , Abuja, to keep Adamu in its custody until Monday, April 1, 2019.One petition was written by a firm, NISL Ventures Ltd, on November 1, 2017. It alleged that Adamu and Adewale received N218million from 14 tenants in respect of NVL’s property without lawful authority and “without remitting same to NVL’s designated accounts”. The sums were allegedly received between 2014 and 2016.

Another petition was written by a law firm, Paschal Legal, on behalf of a firm, Zuruhills Integrated Services Ltd, on July 17, 2018.

 

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