Court remands suspect over alleged N492.5m fraud – Daily Trust

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Court remands suspect over alleged N492.5m fraud

Justice Rilwan Aikawa, sitting at the Federal High Court, Lagos, on Tuesday ordered that a vehicle dealer arraigned for fraud, Olabisi Sulaimon Akanbi, alias Labo, be remanded in the custody of theAkanbi was arraigned alongside four companies, namely: Labo Entertainment Limited, Labo Autos Limited, Labo Group of Companies Limited and Facebuk Magazine Limited, on a four-count charge bordering on obtaining money under false pretence and money laundering to the tune of N492.5 million.

 

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