The Federal High Court in Lagos, on Thursday, granted N10m bail to a businessman, Kenneth Ugwu, over alleged N7m fraud.
Justice Mohammed Kala, in his ruling on the bail application, admitted the defendant to bail in the sum of N10m, with two sureties in like sum.
Ugwu is standing trial on two counts of alleged stealing and obtaining by false pretences.
He was accused of allegedly obtaining the sum of N7m, from one Cosmos Ugwuanyi under the…
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