PUNCH Metro learnt that Adewunmi and Akanbi struck a relationship sometime in February 2016 when the businessman consulted him in the Ajao Estate area of the state, seeking medicines for diabetes, asthma and deliverance from a spiritual attack.
The police alleged that Akanbi paid part of the sum to the herbalist in cash and made several deposits into his bank account.
The suspect was said to have come up with different gimmicks to sustain the alleged fraud each time the victim was suspicious.
It, however, dawned on him that he had been hoodwinked when his illness persisted.
The businessman had invited the herbalist to his house on Ajao Estate early January 2018 to collect another sum of money when he was arrested.
“The complainant is a businessman. He met the herbalist on the road sometime in February 2016. The herbalist started collecting money from him and gave him medicines. Having paid N190m to the herbalist, he discovered that he was a fraudster. He paid in tranches of N5m, N10m, N20m, N50m and even paid part of the sum into the suspect’s account.
“The suspect had come to the complainant’s house on Ajao Estate to collect more money from him when he was arrested by the police from the Area D Command, Mushin,” a police source said.
The source explained that the case was later transferred to the Force Intelligence Bureau, Obalende, for further investigation.
The suspect was arraigned on Monday at the Igbosere Magistrate’s Court on four counts of obtaining money under false pretences and stealing.
The defendant, however, pleaded not guilty and elected summary trial.
The presiding Chief Magistrate, A.F.O. Botoku, admitted him to bail in the sum of N20m with two sureties each in like sum, adding that one of the sureties should be a level 15 officer in the state civil service.
The case was adjourned till February 12, 2018, while the defendant was remanded in prison pending when his bail conditions would be perfected.