Mrs. Uloma Ulo, who is a lawyer told the Ikeja Special Offences Court that she was allegedly defrauded the sum of N134 million by a prophetess and left her in a case of huge debt.
She told the court she met the prophetess through a friend and the defendant was her friend’s pastor, of which she has done business deals with the defendant and her company.
Mrs Ulo said she the prophetess named, Linda Mhabi-Praise in October 2015 and in the course of their discussion, she told her that she was into oil business and needed investors.
She gave her N6 million in October 2015 and was reassured return investment, between October and December, she got her return investment between N520,000 and N750,000.
Mrs Ulo said she gave the prophetess a total of N38 million and also received the return of N2.8 million.
In 2017, Mrs Ulo said the woman approached her again asking for funds and she told her to rather go to the bank to ask for loan but was told she didnt have any collateral.
Mrs Ulo said the lady convinced her and she went to her own bank to get a loan of N100 milion and added her own money making a total of N134 million and gave her the money.
The witness said that she travelled abroad for four months and during that time, she told the defendant to make her return on investment because she wanted her money by the end of November 2017.
When she got back in October 2017, she made several attempts to see her and even made calls which were never returned.
When Mrs Ulo finally met her, she told her the money went missing, and when she asked how the money went missing, there was no response.
The lawyer, Mrs Ulo told the court that following her failure to retrieve her money, she petitioned the EFCC in November 2017 and it was revealed by the anti-graft commission that Mhabi-Praise was an alleged serial fraudster.
The EFCC, charged Mhabi-Praise, Prophetess of Temple of Praise Church, Adeniran Ogunsanya St, Surulere Lagos, and her company Mutano Energy Ltd with eight counts of stealing, obtaining money by false pretenses and issuance of dud cheques.
The case is adjourned until May 9 for continuation of testimony.