Uwakwe, was said to have issued three Good Shepherd Microfinance Bank Limited Cheques to settle a financial obligation in favour of the petitioner, who had reported that the cheques when presented for payment within three months were dishonoured due to insufficient fund.
The offence was contravenes Section1 (1) (a) and (b) (i) & (ii) of the Dishonoured Cheques (Offences) Act. Cap D11 of the Revised Edition (Laws of the Federation of Nigeria) Act,2004 and punishable under same Act.
When the case was called up, prosecution Counsel, B.N.Obasi-Eze asked that the defendant be docked to take his plea. Uwakwe pleaded not guilty to the charges necessitating the defence counsel, J.E.Orji to move motion for the bail of the defendant which was opposed by the prosecution counsel.
The accused was granted bail in the sum of N1,000,000 (One Million Naira Naira only) and one surety in like sum. He said the surety must be a civil servant that must live within the jurisdiction of the court.
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