Court denies Chinedu Omesu bail in USD: 475,000 alleged fraud

IKEJA, Lagos, Nigeria – A Special Offences Court, sitting in Ikeja, Lagos has denied bail to one Chinedu Omesu  who is being prosecuted by the Economic and Financial Crimes Commission ,EFCC, for defrauding an aged Asian-American lady of about $475,000.

Justice Oluwatoyin Taiwo noted the huge amount involved in the alleged fraud, stressing that though the offences were bailable, the court was inclined to uphold the opposition of the prosecution.

“I am inclined to decline bail until the property is sold. Moreover, his sickness is not that serious. The defence counsel should accelerate the sale of the property in order to facilitate the plea bargain agreement. There is no medical report before the Court to support the claim that he is having a grave illness.

“Application is hereby refused and he is ordered to remain in prison custody. The prison officials are hereby ordered to ensure that the defendant receives proper medical attention.”

Chinedu Omesu  who was accused of posing as one Ryan Frederick, a 58-year-old United States of America citizen on a mission in Syria to defraud his victims was arraigned on August 6, 2021 on an 11-count charge bordering on possession of documents containing false pretence, forgery of documents, stealing, and obtaining under false pretence.

One of the charges reads: “Omesu Christian Chinedu, on or about the 31st day of March 2021 in Lagos, within the jurisdiction of this Honourable Court ,and with intent to defraud, whilst holding yourself out as Frederick Leo Ryan, a serving military operative of the United States with Finnish descent, obtained the sum of $350,000 from one Soon Kim, under the pretence that the cheque of one Frederick Leo Ryan, in the same of $7,000,000 has been reviewed and confirmed by Zenith Bank ,which pretence you knew to be false.” He pleaded “not guilty” to the charges.

In moving the bail application for the defendant, the defence raised issues of ill-health and that the defendant was also in the process of a plea bargain with the prosecution.

However, the prosecuting counsel, Chineye Okezie, opposed the bail application, noting that the terms of a plea bargain were far from being fulfilled by the defendant, including the sale of a property traced to the defendant believed to be part of the proceeds of the crime.

Okezie further argued that there was really nothing before the court to support the claim of any serious ill-health that cannot be adequately handled in custody. 

The case has been adjourned till March 28, 2022.