An Abuja developer Princess Ngozi has been granted N30m bail for an alleged N31.8m scam.
Glamtush reports that the Economic and Financial Crimes Commission (EFCC), Abuja Zonal Command on Wednesday, arraigned Princess Carol Ngozi alongside her company, Carolina Luxury Homes, on a 30-count charge bordering on obtaining by false pretence.
She was arraigned before Justice Hamza Muázu of the High Court of the Federal Capital Territory, Maitama, Abuja.
She allegedly on various occasions, obtained the total sum of N31, 825,000 from thirty of her clients under the pretext of allocating to them various plots of land at Carolina Luxury Homes Estate, Gousa District, Abuja.
The defendants pleaded not guilty to the charges.
Their counsel, Olumide Olujimi informed the court of a pending motion for bail filed on August 16 and pleaded that his client be admitted to bail on liberal terms.
EFCC counsel, Faruk Abdullahi did not oppose the application but urged the court to give conditions that would ensure that the defendants were available for trial
The court granted bail to the defendant in the sum of N30m and a surety in like sum.
The surety must have a landed property within Abuja Municipal Area Council with the original document submitted to the court.
The defendant is also to deposit her International passport with the court.
The matter was adjourned till September 17, for hearing.
