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N15 million fraud allegation against Jim Iyke

Source: George emine So'owunari/
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Court adjourns hearing till March 13, 2012

The Chief Magistrate Court sitting in Wuse Zone 6, Abuja yesterday, March 1, 2012 adjourned hearing until March 13, 2012 in the N15 million naira fraud allegation against controversial Nollywood actor, Jim Iyke.

The chief Magistrate, Okeagu Azubike adjourned hearing on the matter after the prosecutor, Inspector Danjuma Ebune had informed the court that he was handed over the case file by the initial prosecutor, Mr Chijoke Okezie that very yesterday morning, so he needed time to study the case.

“I want to study the file so I can equip myself with the facts of the case,” Inspector Danjuma Ebune submitted.

Responding, counsel to the accused, Barrister Esther Uzoma, told the honourable court that she was willing to give the prosecutor time to study the case file.

“We agree to give the prosecution time to study the case,” Barrister Esther said, pointing out that the accused person has consistently appeared in court.

The accused, Jim Iyke, strode into the court confidently at about 09:54am when the Chief Majistrate was already seated.

It would be recalled that Jim Iyke was on November 10, 2011arraigned for allegedly fleecing one Habiba Abubakar of the sum of N15 million.

According to the initial police prosecutor, Mr. Chijoke Okezie, Abubarkar petitioned the Inspector General of Police on August 8, 2011 to investigate the fraud, accusing Jim of deceiving her into acquiring 15% equity from his company, Untamed Records Ltd and as soon as the money was paid into his account, the actor converted the money to his personal use and went on a shopping spree.

The petitioner further said the accused resorted to beating her and threatened to kill her when she requested for her money.

According to the police, during investigation, they discovered that the actor deceived Abubakar into acquiring 15 per cent equity shares to the tune of N15 million from his company, Untamed Records Ltd.

The police said that Jim had admitted that the money was truly paid into his Oceanic Bank account No. 00500173691, but that when Abubakar confronted the actor, he beat her up and threatened to kill her. He was therefore 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 actor pleaded not guilty to the charges.

Reacting to the fanfare the case had received, Jim Iyke had later posted on his twitter handle: “As d press, blogs, sites, cynics, critics, sceptics, haters spread their poison I knw dt HE GOD BLESS NO 1 CAN CURSE!! Its bn written long b4 me! In case u wonder why d swag av not stop pls read psalm 91! and Get a life kids! Dear haters as long as u re on d move there will be disagreements in biz. If it can't be resolved, we go to court. Do I hear somebody say “arrogance”? The courts have the final say.”