Home News Alleged N8m fraud: Court issues warrant for arrest of businesswoman

Alleged N8m fraud: Court issues warrant for arrest of businesswoman

by Administrator

NASARAWA – A Senior Magistrates’ Court in Mararaba, Nasarawa State on Friday issued a bench warrant for the arrest of a 47-year-old businesswoman, Fiduasi Abdullasis, over alleged misappropriation of N8 million meant for a joint business venture.

Abdullahi, who lives in Gidan Waka, Mararaba, is charged with criminal breach of trust and criminal misappropriation.

Senior Magistrate Joy Faruk, gave the order, following an application for a bench warrant filed by the Prosecution Counsel, Nanzing Wilfred.

Faruk, revoked the bail earlier issued to the defendant.

The magistrate also ordered that the defendant should be remanded upon her arrest.

The magistrate also ordered that summons be issued on the surety to show cause why we will not forfeit the bail sum.

The case was adjourned until June 1, for defence and continuation of hearing

Earlier , Wilfred told  the court that he received a call from the counsel to the defendant, Alice Abbah, informing him that she was indisposed.

Wilfred said neither the defendant nor the surety were in court.

“There is no correspondence before the court. In view of the circumstances we apply that the bail granted the defendant should be revoked and a bench warrant issued against the defendant.

”We also pray that the surety should show cause why he should not forfeit the bail sum,” Wilfred said.

The police said on Nov. 25, 2025, the complainant, Malam Umar of No. 5 Arc Lary Crescent, USV Plaza, Sani Abacha Road, Mararaba, reported the matter at the “B”Division Police Station in Karu, Nasarawa.

Wilfred said that the complainant alleged that on Nov. 5, 2025, the defendant approached him through his wife and pleaded with him to join in a joint venture by providing the funds while she will act as the operator.

He alleged that Umar gave the defendant N7 million, in addition to the N1 million his wife gave her, making it a total of N8 million.

He also said that the agreement was that the defendant would use the money for business and remit N300,000 monthly to him, in addition to sharing profits from the business as a percentage.

The prosecutor, however, alleged that Abdullahi  failed to comply with the terms of the agreement, stopped picking his calls, and at times her phone number was unreachable.

He further said she misappropriated the money and converted it to her personal use, and later claimed there was a business factor which she could not give an account for.

The offence contravened the provisions of Sections 309 and 312 of the Penal Code Law applicable in Nasarawa State.

Abdullahi had pleaded not guilty to the charge.(NAN)

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