Alleged fraudster slapped with P100,000 bail

Nigerian national Chukwuma Ezekannagha, accused of swindling First National Bank Botswana (FNBB) of P2 million, was granted P100,000 bail at the Broadhurst Magistrates Court yesterday.

In addition, he is required to produce two Batswana sureties of P50,000 each. When granting bail Magistrate Taboka Slave said the prosecution had failed to justify to the courts how the accused is likely to abscond trial, and how he will influence the investigations. Stating the conditions of bail Taboka said the accused must report to Mogoditshane Police Station three times daily, surrender his travelling documents and not tamper with the investigations in any way. “The prosecution indicated that the investigations are likely to take longer, this may in turn make the accused to endure much time in prison and only to find out that the outcomes of trial find him not guilty and his family and business would have suffered,” he said.

Magistrate Taboka said On the 27th of February 2015 the petitioner made a bail application. “The petitioner argued that the accused is innocent until proven guilty, the petitioner also argued that the accused has been remanded in custody since the beginning of February 2015. His businesses have suffered since he had ordered cars that are handled by a company called Capcorn and the cars carry high warehouse storage costs and his employees have not been paid,” he said.

Editor's Comment
Happy Independence!

We are 56 years old and what do we have to show for it? Looking at where Botswana started and where it is today, there are a lot of developments, but whether the developments match the number of years we have enjoyed as a country is a topic for another day.The fact that cannot be denied is we have seen major developments, but we are still lacking in several pertinent areas.Our beautiful country imports almost everything. We import fuel, food,...

Have a Story? Send Us a tip
arrow up