Nollywood big boy and fashion mogul, Jim Iyke, was on Thursday, November 10, 2011, arraigned for Criminal Breach of Trust, Criminal Force, Assault, Cheating and Criminal misappropriation before an Abuja Chief Magistrate Court.The Police Prosecutor, Chijoke Okezie, told the court that the popular actor defrauded an unsuspecting lady to the tune of N15 million (Fifteen Million Naira) on the pretense that he would give her
15 percent equity shares of his entertainment outfit, Untamed Records Ltd. According to court document, the lady, Habiba Abubakar, had written a petition to the Inspector General of Police asking that the matter be investigated. Surprisingly, investigation into the case revealed that the accused, Jim Iyke, indeed 'deceived' Habiba Abubakar.
Further findings also revealed that the complainant paid the money into the actor's Oceanic Bank account No. 00500173691, but he diverted the money for his personal use. It was also said in court that Habiba confronted him about their business deal, only for him to resort to beating her and threatened to kill her if she disturbs him again.
According to the prosecuting officer, the offences committed by Jim Iyke contravened sections 312, 265, 322, 397 and 309 of the Penal Code. When the charges were read to him in court, the bad-boy actor pleaded not guilty, like many accused used to do. His counsel, Esther Uzoma, then prayed the court to grant him bail on self recognition, while promising that he would not jump bail.
In his ruling, Chief Magistrate Okeagu Azubike granted the accused bail in the sum of N500,000 with two sureties in like sum. He however added that the sureties must be responsible Nigerians and reside within the jurisdiction of the court. The case was subsequently adjourned to December 9, for the substantive case.
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