The Economic and Financial Crimes Commission (EFCC) on Tuesday October 25, 2016, arraigned one Olurotimi David and his company Davchel Nigeria Limited before Hon. Justice E. Esan of the Oyo State High Court sitting in Ibadan, on a 2-count charge bordering on obtaining money by false pretence and issuance of dishonoured cheque.
David pleaded not guilty to the charges preferred against him.
The accused allegedly obtained the sum of N6,97m from one Ishola Gbenga, General Manager of Ennydaras Company Limited through a phony contract to supply 155 metric tonnes of soya bean to his warehouse at Ota, Idi-Iroko Road Ota, Ogun State.
He thereafter signed a Memorandum of Understanding to pay the said sum with a cheque which he issued but was returned unpaid upon presentation for payment in the bank.
Dolapo is a writer and journalist who works with YNaija. He has interests in Christianity, politics and sports.
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