Former PMAN President, Bolaji Rosiji Appears In Court Over Unpaid N22 Million Bank Loan

Posted on July 04 2018 , at 10:29 am
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A former President of the Performing Musicians Association of Nigeria (PMAN), Mr Bolaji Rosiji, was on Monday, July 2nd docked in an Ebute Meta Chief Magistrates’ Court in Lagos charged with defrauding a financial institution of N22 million.

The former PMAN scribe is facing trial on an eight-count charge bordering on stealing, obtaining money under false pretences, issuing of a dud cheque, obstruction of justice and threat to life.

Reports say after the counts were read to the defendant, he, however, pleaded not guilty to the charges.

Prosecutor Officer for the case, Kehinde Omisakin told the court that the offences were committed sometime in May 2017, June 29 and June 30 at Modupe Johnson Crescent, off Adeniran Ogunsanya Street, Surulere.

Omisakin revealed that Mr Rosiji had approached Crystal Finance Ltd for a loan of N22 million which he intended to use to facilitate the launching of new pharmaceutical products. He also claimed part of the loan was also to finance advance payments for musical artists and venue reservation for Nigeria/India Cultural Festival which was to hold in October 2017.

“When it was time to pay back the loan, the accused issued a dud cheque, threatened and also obstructed policemen who went to execute a warrant for his arrest.

“He had also threatened that the policemen would die if they touch his `spiritual stick’.

“The accused also tore the Lagos State Government Biometric data issued to him,” the prosecutor added.

The offences by Rosiji contravened Sections 56, 112, 172, 287, 314, 319, 350 and 411 of the Criminal Law of Lagos State, 2015.

The Chief Magistrate of the court, A.O. Komolafe granted bail to the accused in the sum of N5 million with two responsible sureties in like sum and adjourned the case until September 6 for mention.

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