Man Who Issued Dud Cheque Lands In Trouble | Photo

A businessman has been arrested and arraigned in court by the Economic and Financial Crimes Commission for trying to deceive a man he owed millions.

The Economic and Financial Crimes Commission, EFCC, Enugu Zonal Office on Tuesday, December 12, 2017 arraigned one Uwakwe Osita Samuel before Justice C.O. Ajah of Enugu State High Court on a three-count charge bothering on Issuance of Dud Cheque to the tune of N2,100,000 (Two Million ,One Hundred Thousand Naira only).
Uwakwe, was said to have issued three Good Shepherd Microfinance Bank Limited Cheques to settle a financial obligation in favour of the petitioner, who had reported that the cheques when presented for payment within three months of its issuance, was dishonoured due to insufficient fund.
The offence was contrary to Section1 (1) (a) and (b) (i) & (ii) of the Dishonoured Cheques (Offences) Act. Cap D11 of the Revised Edition (Laws of the Federation of Nigeria) Act,2004 and punishable under same Act.
When the case was called up, prosecution Counsel, B.N.Obasi-Eze asked that the defendant be docked to take his plea. Uwakwe pleaded not guilty to the charges necessitating the defence counsel, J.E.Orji to move motion for the defendant which was opposed by the defence counsel.
However, the presiding judge who decried the rising number of dud cases in recent times, admonished those within his court to be cautious in dealing with issue involving issuance of cheques. He noted that having considered the administrative bail earlier granted to the defendant, he had to grant him bail in the sum of N1,000,000 (One Million Naira Naira only) and one surety in like sum.
He said the surety must be a civil servant that must live within the jurisdiction of the court. The case has been adjourned to February 6, 2018 for trial.

Source: Tori


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