Judge Oluwatoyin Taiwo of the Ikeja Special Misdemeanor Court in Lagos on Tuesday ordered that a forex trader, Solomon Idonije, accused of forex fraud of 20 million naira, be taken into the custody of the Economic and Financial Crimes Commission .

The EFCC alleged that Idonije on December 21, 2020 obtained the sum of 4.8 million naira from an Iyen Omowuiugbe for currency trading.

The anti-corruption agency also alleged that Idonije on December 23, 2020 obtained another 4.1 million naira from the plaintiff.

Idonije was charged with obtaining money under false pretenses, an offense which contravenes sections 1(1) and 1(3) of the Advance Charge Fraud and Other Fraud Offenses Act 2006 .

A lawyer, Ebuka Okongwu, who pleaded for the prosecution lawyer, Gabriel Akaogu, requested the court to obtain a trial date for the prosecution to present its witnesses and evidence to prove the prosecution against the ‘accused.

However, the defense lawyer, Jonathan Okagbero, informed the court of a request for release on bail from the defendant.

Judge Taiwo remanded the accused into EFCC custody and adjourned the case until July 13, 2022, for the hearing of his bail application.

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