Metro

Yuvraj Kumar Mehra: EFCC docks Indian for N70m dud cheque

An Indian national, Yuvraj Kumar Mehra was recently arraigned by the Ibadan Zonal Command of the EFCC, before Justice Olanrawaju Majekobe of the Ogun State High Court on eight count charges which bordered on conspiracy and issuance of dud cheque to tune of N70million (Seventy Million Naira).
The defendant was arraigned alongside his firm, Dolphin Steels Nigeria Limited.
Yuvraj was docked for his refusal to pay the Ibadan Electricity Distribution Company Plc, IBEDC the said sum for power supplied to his company.
Investigation carried out by the operatives of the Ibadan Command revealed that the defendant issued a total number of thirteen dud cheques for N125, 000, 000.00 (One Hundred and Twenty Five Million Naira) to IBEDC, between October 2, 2018 and December 3, 2018.
Upon persistent effort by IBEDC, the defendant made part payment but reneged in paying the balance of N70million and all attempt to get him to pay were futile
Oladipo

Recent Posts

Soaring rice prices threaten Christmas celebrations for Nigerian families

Rice, a staple for Christmas celebrations in Nigeria, has become a luxury this year. Soaring…

2 days ago

Panic as Stage collapses during Odumodublvck’s performance at Lagos concert

Panic erupted on Saturday at a concert in Lagos when the stage collapsed during Odumodublvck’s…

2 days ago

2025 Budget: FG allocates ₦6.36bn for renovation of Tinubu, Shettima’s official quarters

The Federal Government of Nigeria has allocated ₦6,364,181,224 billion for the refurbishment and rehabilitation of…

2 days ago

Black Market Dollar to Naira Exchange Rate Today 22nd December 2024

The black market dollar to naira exchange rate for today, 22nd December 2024, can be…

2 days ago

NNPC debunks shutdown rumors, confirms fuel loading at Port Harcourt Refinery

The Nigerian National Petroleum Company Limited (NNPCL) has refuted claims that the 60,000 barrels per…

2 days ago

‘We have to find a way’ – Guardiola laments after defeat to Aston Villa

Manchester City finds itself in unprecedented turmoil, with relegation-level form showing little sign of improvement.…

2 days ago