Former PMAN President, Bolaji Rosiji Arraigned For N22 Million Fraud

Former PMAN President, Bolaji Rosiji Arraigned For N22 Million Fraud

A former president of Performing Musicians Association of Nigeria, PMAN, Bolaji Rosiji, has been arraigned before the Ebute Metta magistrate court for allegedly defrauding a financial institution of N22 million.

Rosiji is on trial on an eight-count charge bordering on stealing, obtaining money under false pretences, issuing of a dud cheque, obstruction of justice and threat to life. He, however, pleaded not guilty to the charges.

Kehinde Omisakin, the police prosecutor, told the court that the offences were committed sometime in May 2017, June 30, and June 29 at Modupe Johnson Crescent, off Adeniran Ogunsanya Street, Surulere. She said the accused had approached Crystal Finance Ltd for a loan of N22 million which he claimed was to facilitate the launching of new pharmaceutical products.

He also claimed that it would be used to finance advance payments for musical artists and venue reservation for Nigeria/India Cultural Festival which was to hold in October 2017.

“When it was time to pay back the loan, the accused issued a dud cheque and also threatened and obstructed policemen who went to execute a warrant for his arrest. He had also threatened that the policemen would die if they touch his spiritual stick. The accused also tore the Lagos state government biometric data issued to him” she said.

The chief magistrate, granted the accused bail in the sum of N5 million with two responsible sureties in like sum and adjourned the case till September 6.

Idowu Babalola Photo
Idowu Babalola

Socially Not Social. IG & Twitter - @Idbragga

All author posts
Related Posts
Drake Makes History As He Becomes First Artiste To Hit 10 Billion Streams On Apple Music
Drake Makes History As He Becomes First Artis...

Drake is yet a winner once again and this time it is on Apple Music. The rapper has just...

Ghanaian actor John Dumelo has welcomed a son five months after his wedding
Ghanaian actor John Dumelo has welcomed a son...

The new father who got married on May 12th in Accra, Ghana, shared the good news via Instagram and...

In my life, I have had ups and down. If my self-worth was based on material things, I would have killed myself.”-Mr Eazi
In my life, I have had ups and down. If my se...

Mr Eazi who revealed why he doesn’t own a car in a new interview revealed that he was once...

Write A Comments