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Nairametrics

NO MERCY? 63 YEAR OLD DUDE ARRAIGNED FOR ISSUING DUD CHEQUE

Ugodre Obi-chukwu by Ugodre Obi-chukwu
February 20, 2013
in Uncategorized
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Have you ever issued or received a dud cheque in Nigeria? Have you thought of it as one of those things that can’t cause you harm? Then better think twice as issuance of dud cheques is actually a crime in Nigeria. Ngerian Daily Post reports a 63 year old man was arrainged for issuing a Dud Cheque being arrears for payment of rent in March 2012. The N2m cheque bounced and now the guys faces a count of fraud which is punishable under the section 319 (b) sub section 320 of the criminal laws of Lagos state, 2011.

The man’s lawyer claims its a Landord and Tenant matter and pleaded with the court to show mercy as his client is a diabetic patient. This shows how precarious his case his. Beware, don’t take the law for granted. Issuing Dud Cheques is a criminal offense and this serves as further evidence

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Tags: Deepdive
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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