An estate agent, Johnbosco Dauda, was arraigned before a Grade ‘A’ Customary Court, Ibadan, on Wednesday, over an alleged N430,000 fraud.
The 52-year-old whose address was not given, is being charged with stealing and obtaining money under false pretence.
The Prosecutor, Mr Philip Amusan told the court that the defendant committed the offence on May 6, at the Sango area of Ibadan.
Amusan said that Dauda collected the money from the complainant, Ifeanyi Nnabuike, with the pretext of leasing a three-bedroom flat for him.
The prosecutor said the defendant converted the money to his personal use.
He said the offences contravened Sections 419 and 399(9) of the Criminal Laws of Oyo, 2000.
The Court President, Mrs Sukurat Yusuf, granted the defendant bail in the sum of N300,000 with two sureties in like sum.
She adjourned the case until July 3, for hearing.