Odusanya Ajibola, Investment Banker At Alpha Morgan Capital, Faces Trial Over Alleged Fraud

<h4>&NewLine;Odusanya Ajibola<&sol;h4>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that an investment banker at Alpha Morgan Capital&comma;Lagos&comma;Odusanya Ajibola alleged to have swindled his step Uncle one Rotimi Edu to the tune N138 million has been hauled before a Federal high court in Lagos&period;<&sol;p>&NewLine;<p>In a petition authored to the Lagos state Commissioner of Police by the law firm of Fountain Court Partners&comma;that formed the basis of the two count amended charge filed against him&comma;it was alleged thus&colon;<&sol;p>&NewLine;<p><em><strong>That Mr Rotimi Edu was a victim of fraud and obtaining by false pretences between the months of June&comma;2023 and August &comma;2023&comma;when Ajibola Odusanya &comma;an investment banker with Alpha Morgan Capital &comma;Lagos represented to Mr Rotimi Edu falsely that there was property he can and would help him to buy in London<&sol;strong><&sol;em>&period;<&sol;p>&NewLine;<p>Following this representation which later turn out be false&comma;Mr Edu at various times from June&comma; to August&comma;2023 parted with sums amounting to N138&comma;800&comma;000 to Ajibola Odusanya who presented forged property transaction document to Mr Edu&period;<&sol;p>&NewLine;<p>When the fraud was discovered&comma; Ajibola Odusanya offered to refund the money and he issued further forged documents from a supposed UK realtor and a forged TSB cheque to Mr Edu&period;<&sol;p>&NewLine;<p>He further informed Mr Edu that he had transferred the sum of N5&comma;000&comma;000&period;00 &lpar;Five Million Naira&rpar; into his Bank Account but he never did&period;<&sol;p>&NewLine;<p>At a point in time&comma; Ajibola Odusanya offered to transfer the equivalent of the sum of 97&comma;000&comma;00 Pounds into Mr Edu&&num;8217&semi;s account but he tried to do so with a fake cheque that was unpresentable and now claims that he has some money in Nigeria and would refund the money to Mr&period;Edu as soon as he arrives the country at 12&comma; Noon on the 20th of November&comma; 2023&period;<&sol;p>&NewLine;<p>However&comma;it was discovered that Ajibola Odusanya never had the intention of buying any property for Mr Edu but instead used same as a ruse to fraudulently obtain the sum of N138&comma;800&comma;000&period;00 &lpar;One Hundred &amp&semi; Thirty Eight Million Eight Hundred Thousand Naira&rpar; from him and has since fraudulently converted the said sums into personal use and has no intention to ever refund the money&period;<&sol;p>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;vanguardngr&period;com&sol;">Consequently&comma;the petitioner urged the Lagos state Commissioner of Police to use his good offices to investigate the matter&period;<&sol;a><&sol;p>&NewLine;<p>The presiding Judge&comma;Justice Chukwujekwu Aneke has adjourned till 23rd of May&comma;2024 for trial to commence&period;<&sol;p>&NewLine;<p>The two count amended charge as filed before the court by the Police senior Legal officer&comma;Barrister Nosa Uhumwangho&comma; from Lagos State Criminal Investigation Department Yaba Lagos&period;<&sol;p>&NewLine;<p><strong>COUNT 1<&sol;strong><&sol;p>&NewLine;<p>That you Odusanya Ajibola&comma; between the month of June 2023 to August 2023 in Lagos&comma;<br &sol;>&NewLine;within the jurisdiction of the Federal High Court&comma; did conspire with others at large to commit an offence to wit&colon; Advance Fee Fraud to the tune of N138&comma;million and thereby committed an offence punishable<br &sol;>&NewLine;under Section 8&lpar;a&rpar; of the Advance Fee Fraud and other Fraud Related Offences Act&comma; 2006&period;<&sol;p>&NewLine;<p><strong>COUNT 2<&sol;strong><&sol;p>&NewLine;<p>That you Odusanya Ajibola&comma; on the same date and place&comma; in Lagos&comma; within the juridition of the Federal high court&comma;with intent to defraud did obtain the sum of N138&comma;000&comma;000&period;00 &lpar;One Hundred and Thirty-Eight Million Naira&rpar; with the pretence of buying a property in the United Kingdom for your step uncle&comma; one Rotimi Edu&comma;a representation you knew to be false and thereby committed an offence punishable under Section 1 of the Advance Fee Fraud and other Fraud Related Offences Act&comma; 2006&period;<&sol;p>&NewLine;