He said “Nwagalezi was arrested after several months of manhunt. His arrest brings the number of suspects arrested and charged to court to six. The Police are still hunting for more suspects involved in the alleged fraud.”
According to the prosecutor, the offences are punishable under Sections 411, 387, 287 and 325 of the Criminal Laws of Lagos State, 2015.
However, Nwagalezi pleaded not guilty to the charge. Magistrate B. I. Bakare granted him N1 million bail, with two sureties in like sum, one of whom must be a community leader.
He adjourned the case till July 4 and ordered that the defendant be remanded at the Ikoyi Prison, pending when he is able to perfect his bail conditions.
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Source: New feed2