Police arraign man for issuing N11.2m dud cheques

The Special Fraud Unit (SFU) of the Nigeria Police Force, Lagos, today, arraigned a man, Akinkunle Olunloyo who is said to be cousin to the former governor of old Oyo State, Chief Victor Olunloyo, before a Federal High Court, Lagos, for allegedly issuing a dud cheques of Guaranty Trust Bank Plc, valued N11, 250,913.78 million. The defendant was arraigned before the court on five counts charge bordering on issuance of dud cheques. Arraigning the defendant alongside his company, Code Media Limited, on Tuesday, the prosecutors, Mr. Chukwu Agwu, a Deputy…

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