
By Paul Iyoghojie
A 36-year-old tenant, Akinola Babatunde, has been remanded by a Lagos Magistrate’s Court after being accused of fraudulently selling his landlord’s property for N45 million.
According to the police, Babatunde allegedly connived with others still at large to sell the property located at No. 7, Fagbile Estate, Isheri Oshun, to one Ernest Dumbri Igbinedion.
The sale was reportedly carried out with alleged forged documents.
The landlord was said to have initially accommodated the defendant in the building to deter suspected property grabbers.
However, the alleged fraud came to light when Igbinedion moved workers to the site to begin development, only for the landlord to confront them, insisting he never authorised the sale.
Following a petition from the complainant, the Assistant Inspector General of Police in charge of Zone 2 Command, AIG Adegoke Fayoade, ordered Babatunde’s arrest.
The defendant was later arraigned before the Igbosere Magistrate’s Court sitting at Tinubu Magistrate’s Court on a three-count charge of conspiracy, obtaining money by false pretence, and stealing.
Police prosecutor, DSP Francis Igbinosa, told the court that the offence occurred in March 2025, at Fagbile Estate, Isheri Oshun
. He stated that Babatunde’s actions contravened Sections 411, 314, and 287 of the Criminal Law of Lagos State, 2015.
The defendant pleaded not guilty to all charges. Chief Magistrate A.O. Alogba granted him bail and adjourned the case for further hearing.
Source; PM News