SAMUEL CHUKWUDUMEBI OSEJI, JCA (Delivering the Leading Judgment): This is an appeal against the judgment of the Federal High Court, Lagos Division delivered by M.B. IDRIS J. on the 12th day of July, 2010.
The Appellants' case is that sometime in June 2010 the 1st Appellant received a petition written by one Mr. John Fashanu alleging that the 1st Respondent defrauded him of a total sum of ?287,000 which was to be used to establish a Duty Free Shop at the Murtala Mohammed International Airport in Nigeria on the understanding that the said John Fashanu will be given a stake in the business, but unfortunately the 1st Respondent converted the said sum of ?287,000 to his own personal use.
The Economic and Financial Crimes Commission (EFCC) acting on the said petition commenced investigation into the case and the 1st Respondent was invited for interrogation during which he was granted bail on certain conditions, but instead of perfecting the terms of the bail the 1st Respondent through his c…