The Federal High Court in Lagos is set to begin the trial of Jerald Uche Lebechi, a Lagos-based businessman, and his firm, Monarch and Co International Limited, over an alleged $236,400 fraud on June 24, 2025.
The case will be heard before Justice Ibrahim Ahmad Kala.
The Inspector General of Police has filed a 21-count amended charge against Lebechi, accusing him of conspiracy and obtaining money under false pretences.
The prosecution stems from a petition dated January 13, 2025, submitted by Lawyer, Ese P. Okiti of Columbus Okaro & Co, acting on behalf of Mr Venatus Onwughalu.
The petitioner alleged that Lebechi fraudulently collected $236,400 in August 2021, claiming it was for the processing of travel documents to Grenada for Onwughalu and his family, a promise that was never fulfilled, with no subsequent refund provided.
According to the complaint, when pressed for a refund, Lebechi issued 15 cheques worth N10 million each, totalling N150 million, all of which were returned unpaid due to insufficient funds.
A police investigation reportedly established a prima facie case, prompting the initial charges filed on March 14, 2025, and their subsequent amendment on April 7.
The trial is expected to commence on June 24.
