The trial of Lagos-based businessman, Jerald Uche Lebechi, and his company, Monarch and Co International Limited, over an alleged $236,400 fraud, has been scheduled to commence on June 24, 2025, before Justice Ibrahim Ahmad Kala of the Federal High Court in Lagos.
The Inspector General of Police has filed an amended 21-count charge against Lebechi, bordering on conspiracy and obtaining money by false pretence.
The charges followed a petition dated January 13, 2025, from Barrister Ese P. Okiti of Columbus Okaro & Co, on behalf of one Mr. Venatus Onwughalu.
The petitioner alleged that in August 2021, Lebechi fraudulently obtained $236,400 under the guise of securing travel documents to Grenada for Onwughalu and his family. The documents were never provided, and no refund was made.
When the complainant demanded a refund, Lebechi reportedly issued 15 Union Bank cheques of ₦10 million each (totaling ₦150 million), which were all dishonoured due to insufficient funds.
Following police investigation, prima facie evidence was established, leading to the initial filing of charges on March 14, 2025. The charges were later amended on April 7, 2025 Trial proceedings are set to begin on June 24.
