Film actor, Jim Iyke, 35, was on Thursday arraigned before an Abuja Chief Magistrates’ Court charged with N15 million fraud.
The Police Prosecutor, Mr Chijoke Okezie, told the court that on Aug. 8, Habiba Abubakar wrote a petition to the Inspector General of Police (IG) to investigate the fraud.
He said that investigation into the case revealed that the accused, a resident of Sunnyville Estate, Abuja, deceived Abubakar into acquiring 15 per cent equity shares to the tune of N15 million from his company, Untamed Records Ltd.
Okezie said the accused admitted that the complainant paid the money into his Oceanic Bank account No. 00500173691, deviating from his initial plan of investment and converted the money to his personal use.
He added that when the complainant confronted the accused, he resorted to beating her and threatened to kill her.
Okezie said the accused was charged with criminal breach of trust, criminal force, assault, cheating and criminal misappropriation which contravened sections 312,265,322 397 and 309 of the Penal Code.
The accused pleaded not guilty to the charges.
Counsel to the accused, Esther Uzoma, made an oral bail application for the accused in pursuit of section 341(2) of the Criminal Procedural Code.
She prayed the court to grant the accused bail on liberal terms and for self recognition, and promised that the accused would not jump bail.
However, Okezie objected to the bail application, saying that investigation into the case was not completed, and that criminal breach of trust was not ordinarily billable.
Chief Magistrate Okeagu Azubike, said that the bail application had merit and granted the accused bail in the sum of N500,000 with two sureties in like sum.
He ordered that the sureties must be responsible Nigerians who must reside within the jurisdiction of the court.
He adjourned the case to Dec. 9, to enable the police complete their investigation.







{ 5 comments… read them below or add one }
WELL THATS MOTHER FUCKING BUSH SHIT FOR HIM TO ACT SUCH WAY!!!!
proper investigation should be made
Well, is a pity that a role model like Jim Iyke was engaged in fruaduledent act. If found guilty, he should be jailed, that’s my opinion.
guys,i don’t think is real, his a lie, why will they say such thing, he may be innocent of it, don’t just juge when u ear, that is Niger for you, but why,guys u don’t just run when u ear a sound, confirm what the noise is all about, don’t ear and conclud, say what u see, i think is note true self.but why do like to spol our name by ourself.confirm befor u juge.
Jim taught is a firm trick..but na real trick