A businessman, Moruf Gbadamosi and his company have been docked on Wednesday before Justice Olubunmi Abike-Fadipe of the Lagos State Special Offences Court, Ikeja for allegedly defrauding two women under the guise of a sugar supply deal.
Details of the charges
Moruf Gbadamosi and his company, Greenbil Mega Ocean Limited, were arraigned by the Economic and Financial Crimes Commission, EFCC.
Gbadamosi was arraigned on a four-count charge bordering on obtaining money under false pretence and stealing.
The EFCC alleged that the businessman defrauded two women of over N23 million under the pretence of supplying them BUA brand sugar—a representation he allegedly knew to be false.
According to the EFCC, the offence contravenes Section 1(3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006, and is also in violation of Section 287 of the Criminal Law of Lagos State, 2015.
The first count of the charge reads:
“Moruf Gbadamosi and Greenbil Mega Ocean Limited, sometime in February 2024 in Lagos, within the jurisdiction of this Honourable Court, with intent to defraud, obtained the sum of N19,250,000 (Nineteen Million, Two Hundred and Fifty Thousand Naira) from Mrs. Racheal Mabadeje under the representation that the money was for the purchase and supply of Bua sugar to her, which representation you knew to be false.”
The second count states:
“Moruf Gbadamosi and Greenbil Mega Ocean Limited, sometime in February 2024 in Lagos, within the jurisdiction of this Honourable Court, with intent to defraud, obtained the sum of N3,850,000 (Three Million, Eight Hundred and Fifty Thousand Naira) from Mrs. Kareem Sakirat under the representation that the money was for the purchase and supply of Bua sugar to her, which representation you knew to be false.”
The defendant pleaded “not guilty” to all charges when they were read to him in court.
Following his plea, Prosecution Counsel, Linda Durogo requested that the court fix a date for trial and remand the defendant in a correctional facility.
Bail application and ruling
However, the Defence Counsel, Victoria Emmanuel informed the court that she had filed a motion for bail and was ready to present it.
She urged the court to grant her client bail on the most liberal terms.
After hearing both sides, Justice Abike-Fadipe granted Gbadamosi bail in the sum of N20 million, with two sureties in like sum.
The judge further ordered that the sureties must provide evidence of tax payments and that their addresses be verified by the court.
Gbadamosi was remanded in a correctional facility pending the fulfilment of his bail conditions.
The case was adjourned until September 17, 2025, for trial.
