The Police Special Fraud Unit (SFU) yesterday arraigned four men at the Federal High Court in Lagos for allegedly defrauding a former House of Representative member Eseme Eyiboh of $1.362million and N46.5 million.
Izekor Ogiemonyi, Stephen Victor, Bolade Babatunde, and Alhaji Jimoh Saka were arraigned before Justice Muslim Hassan.
The Police said between June 2016 and last August at Jatoz Royal Hotel, Osolo Way, Ajao Estate, Lagos, the defendants and others at large conspired to commit the crime.
They were alleged to have told Eyiboh, who represented Eket Federal Constituency, Akwa Ibom State, that they were accredited representatives of International Foreign Exchange Monitoring Agency/Bureau in Nigeria.
The Police alleged that the accused persons fraudulently collected $1.362 million in three tranches of $1.230million, $20,000 and $112,000 from the former lawmaker.
They also obtained N46.5 million from Eyiboh under the pretext that they could use their positions facilitate the purchase and deliverance of vehicles and industrial machines at affordable and official exchange rates to him.
The alleged offence is contrary to Sections 8(a), 1(1)(a) and 8(9) and punishable under Sections 1(3) of the Advance Fee Fraud and Other Related Offences Act of 2006.
The defendants pleaded not guilty.
Prosecuting counsel Mr. E. A. Jackson, a Chief Superintendent of Police, urged the court not to grant them bail.
Justice Hassan adjourned until January 19 for ruling on the bail application.
He ordered that the four men be remanded in prison custody until their bail application is determined.
The judge fixed February 19 for the commencement of trial.
09 January, 2018