A Federal High Court in Lagos today, granted bail to suspected fraudulent Estate developer, Alabi Teslim.
According to a victim, Alabi Teslim Idowu was granted bail in the sum of N10m.
Recall that Police Special Fraud Unit (PSFU) Ikoyi, Lagos had arrested Alabi on 20th of August for allegedly defrauding 251 prospective accommodation seekers of over N65 million. Alabi was arraigned before Justice Nicholas Oweibo court, on 251 counts charge of obtaining under false pretence.
Before the bail application was granted today , the hearing was earlier stated for September 3.
Kosofe Post source disclosed that Lagos state Government has been making frantic efforts to take over the case but some paperwork reported delaying the State government intervention.
The judge adjourned the matter till March , 2020