Alleged N72m fraud: Trial Of GMC logistics boss Sonny Allison Fixed For Dec 12
The scheduled trial of the Global Mercantile & Corporate Logistics Limited (GMC) boss, Chief Sonny Allison, before a Lagos Federal High Court, over alleged N72 million fraud and issuance of dud cheques could not be held on Thursday.
The prosecuting counsel, Mr. Justine Enang, told Justice Ambrose Lewis-Allagoa, at the resumed trial on Thursday that the prosecution is ready for the trial. But defence counsel Ndubuisi O, however, pleaded that he needs a short date, to study the proof of evidence just served on him by the prosecution.
Consequence upon which the court adjourned the matter to December 12, for the commencement of trial.
The businessman was arraigned before the court by the operative of Police Special Fraud Unit (PSFU), IKoyi, Lagos, on June 15, 2023, on charges of conspiracy, obtaining by false pretence and issuance of dud cheques.
Precisely, he was alleged to have used his company,Global Mercantile & Corporate Logistics Limited (GMC) boss to fraudulently obtain the sum of N72 million, from Sthenic Capital Management Limited, with the pretence of using the money to execute a contract project, which he had gotten approval for Local Purchase Order (L.P.O) for.
The police accused the businessman of converting the said sum to his personal use, instead of using it for the purpose he obtained it for.
The prosecutor told the court that the defendant committed the offences in May 2021.
The prosecutor further told the court that the defendant had on February 17, 2022, issued two Sterling Bank Plc’s Cheques numbered 00104770 and 00104772, valued at N10 million and N820, 819, 10, 00 respectively, which were rejected when presented at the bank, due to lack of adequate funds.
The prosecutor told the court that the offences committed by the defendant and his company contravened sections 8(a) and 1(i)(a) punishable under Section 1(3) of the Advance Fee Fraud and Other Fraud related Offences Act, 2006,
He also told the court that the offences are contrary to Section 15(2){b) of the Money Laundering (Prohibition Act, 2011) as Amended in 2012. And Section 1(a)(i) of the Dishonoured Cheques Act, Cap 011, Laws of Federation of Nigeria, 2004.