{"id":159804,"date":"2025-04-17T22:04:22","date_gmt":"2025-04-17T21:04:22","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/police-witness-testifies-against-oak-homes-ceo-olusanya-in-alleged-fraud-trial"},"modified":"2025-04-22T21:54:54","modified_gmt":"2025-04-22T20:54:54","slug":"police-witness-testifies-against-oak-homes-ceo-olusanya-in-alleged-fraud-trial","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/police-witness-testifies-against-oak-homes-ceo-olusanya-in-alleged-fraud-trial","title":{"rendered":"Police witness testifies against Oak Homes CEO, Olusanya in alleged fraud trial"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>A witness, Egho Amiebelomo, an Assistant Superintendent of Police, has told Justice Musa Kakaki of a Federal High Court sitting in Lagos how a businessman, Mr Olukayode Olusanya, CEO, Oak Homes Limited, allegedly defrauded a US based client, Anthony Ugbebor.<\/p>\n<p>In the charge filed by the police before the court, Olusanya was accused of defrauding Ugbebor to the tune of N125 million.<\/p>\n<p>The trial officially commenced with the police witness, Amiebelomo, telling the court that the ongoing N152 million fraud case against Olusanya and the company itself involved allegations of fraud, obtaining under false pretence, and stealing.<\/p>\n<p>Olusanya and Oak Homes Limited were arraigned on a four-count charge bordering on conspiracy, obtaining money under false pretence, fraud and stealing on November 26, 2024.<\/p>\n<p>They pleaded not guilty.<\/p>\n<p>According to the police, Olusanya conspired with Lynda Umeh, Head of Sales and Marketing at Oak Homes, who is currently at large, to defraud Anthony Ugbebor, a Nigerian-American.<\/p>\n<p>The alleged fraud occurred between November 8, 2017 and August 4, 2020, when the accused persons reportedly convinced Ugbebor to pay N152 million for two three-bedroom apartments at Oak Residence in Victoria Island, with a promise to deliver the property by February 28, 2019.<\/p>\n<p>However, the property was never delivered to the customer upon payment as agreed.<\/p>\n<p>During an earlier hearing on February 10, 2025, the prosecution attempted to submit both the complainant\u2019s petition and the defendant\u2019s statement as evidence, but the defence objected.<\/p>\n<p>At the resumption of hearing, Justice Kakaki ruled on the matter. While the complainant\u2019s petition was admitted and marked as Exhibit A, the defendant\u2019s statement was rejected.<\/p>\n<p>\u201cThe petition sought to be tendered is signed. I admit the same in evidence and mark it as Exhibit A,\u201d the judge said.<\/p>\n<p>Ruling on the defendant\u2019s statement, the judge declared: \u201cThe statement is hereby marked as rejected.\u201d<\/p>\n<p>According to the judge, the prosecution had failed to comply with Section 17(2) of the Administration of Criminal Justice Act.<\/p>\n<p>Testifying as the first prosecution witness, Amiebelomo said he had invited three additional witnesses, Mrs. Kofo Coker, Mr. Seye, and Mr. Shuiab, during his investigation.<\/p>\n<p>Prosecuting counsel, Supol M. A. Omo-Osagie, asked if any of them submitted documents, he replied: \u201cYes, they tendered the payment receipt and offer letter from the defendant, issued in 2017, which the complainant, Anthony Ugbebor, accepted.\u201d<\/p>\n<p>During cross-examination, Defence Counsel Adeleke Agboola (SAN) asked Amiebelomo when the petition was dated. He responded: \u201cIt was dated December 27, 2023.\u201d<\/p>\n<p>He added that the petition was submitted to the Assistant Inspector General of Police, Zone 2, and was assigned to him for investigation on the same day.<\/p>\n<p>Amiebelomo also confirmed that he met Ugbebor in person after the petition was transferred to his department, and that the complainant made and signed a statement in his presence.<\/p>\n<p>When asked to verify the authenticity of the signature on the petition, the officer said: \u201cI\u2019m not a signature expert.\u201d<\/p>\n<p>He further disclosed that the Economic and Financial Crimes Commission (EFCC) had previously handled the case but said he was unaware that Olusanya had refunded N110 million to the EFCC via bank draft.<\/p>\n<p>He also stated that Olukayode Olusanya did not inform him of any partial payment during the investigation.<\/p>\n<p>Under questioning, Amiebelomo said he was unaware of a civil suit\u2014No. LD447LMW\/2023\u2014pending before the Lagos State High Court, in which a pre-emptive injunction had reportedly been granted against both the complainant and the EFCC.<\/p>\n<p>\u201cThey were not served,\u201d he stated.<\/p>\n<p>Agboola argued that the case was purely civil in nature and pointed to existing court decisions prohibiting police involvement in such matters.<\/p>\n<p>However, the prosecution objected to this line of questioning.<\/p>\n<p>Citing legal authority, Omo-Osagie maintained that civil transactions could become criminal if fraud is involved. He invoked Section 135 of the Evidence Act and urged the court to disregard the defence\u2019s argument.<\/p>\n<p>Counsel for Oak Homes, Mr. E. Jude, later suggested that Amiebelomo\u2019s investigation was inconclusive. The officer responded:<\/p>\n<p>\u201cMy investigation was conclusive. When I visited the location, the building was not complete.\u201d<\/p>\n<p>When asked if the defendant offered any explanation during the investigation for failing to deliver the property, Amiebelomo replied: \u201cYes.\u201d<\/p>\n<p>He added: \u201cThe defendant said the price he agreed with Ugbebor was no longer workable for him, as costs had increased, and that he would not go ahead with the initial terms. That was what he told me.\u201d<\/p>\n<p>Asked whether Olusanya mentioned COVID-19 or the sealing of the property by the Lagos State Government as reasons for the delay, Amiebelomo said:<\/p>\n<p>\u201cNo, he didn\u2019t mention COVID or the sealing of the building by the Lagos State Government.\u201d<\/p>\n<p>The judge then adjourned continuation of trial to July 8, 2025.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Nigeria<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. A witness, Egho Amiebelomo, an Assistant Superintendent of Police, has told Justice Musa Kakaki of a Federal High Court sitting in Lagos how a businessman, Mr Olukayode Olusanya, CEO, Oak Homes Limited, allegedly defrauded a US based client, Anthony Ugbebor. In the charge filed by the police before the court, Olusanya was [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":159803,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[254,16918,16919,165],"class_list":["post-159804","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-nigeria","tag-oak-homes","tag-olusanya","tag-police"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Police witness testifies against Oak Homes CEO, Olusanya in alleged fraud trial - Nigeria<\/title>\n<meta name=\"description\" content=\"A witness, Egho Amiebelomo, an Assistant Superintendent of Police, has told Justice Musa Kakaki of a Federal High Court ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/police-witness-testifies-against-oak-homes-ceo-olusanya-in-alleged-fraud-trial\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Police witness testifies against Oak Homes CEO, Olusanya in alleged fraud trial\" \/>\n<meta property=\"og:description\" content=\"A witness, Egho Amiebelomo, an Assistant Superintendent of Police, has told Justice Musa Kakaki of a Federal High Court ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/police-witness-testifies-against-oak-homes-ceo-olusanya-in-alleged-fraud-trial\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-17T21:04:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-22T20:54:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/04\/sm_1744915320.374593.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1400\" \/>\n\t<meta property=\"og:image:height\" content=\"1400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/police-witness-testifies-against-oak-homes-ceo-olusanya-in-alleged-fraud-trial#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/police-witness-testifies-against-oak-homes-ceo-olusanya-in-alleged-fraud-trial\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Police witness testifies against Oak Homes CEO, Olusanya in alleged fraud trial\",\"datePublished\":\"2025-04-17T21:04:22+00:00\",\"dateModified\":\"2025-04-22T20:54:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/police-witness-testifies-against-oak-homes-ceo-olusanya-in-alleged-fraud-trial\"},\"wordCount\":793,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/police-witness-testifies-against-oak-homes-ceo-olusanya-in-alleged-fraud-trial#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/04\/sm_1744915320.374593.jpg\",\"keywords\":[\"Nigeria\",\"Oak Homes\",\"Olusanya\",\"Police\"],\"articleSection\":[\"all news\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/police-witness-testifies-against-oak-homes-ceo-olusanya-in-alleged-fraud-trial#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/police-witness-testifies-against-oak-homes-ceo-olusanya-in-alleged-fraud-trial\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/police-witness-testifies-against-oak-homes-ceo-olusanya-in-alleged-fraud-trial\",\"name\":\"Police witness testifies against Oak Homes CEO, Olusanya in alleged fraud trial - 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