Facts:

The complainant Alhaji Ramonu Lawal alleged that Noah Titilayo and Samson Olatunde (1st and 2nd accused) defrauded him of N2,767,000.00 (Two million, seven hundred and sixty seven thousand naira) over a period of time by obtaining money from him, ostensibly to enable the 1st accused to clear goods from Tin Can Island Port. The goods were never cleared and the money was never repaid. The initial amount of N150,000.00 (One hundred and fifty thousand naira) was paid to 2nd accused, who repeatedly received money as needed until about ?1m had been given. Thereafter 1st accused collected money in all totaling N2,767,000.00 (Two million seven hundred and sixty seven thousand naira).

Alhaji Lawal and Samson Olatunde had been friends for about 10 years, in December 1996; Samson introduced Noah Titilayo to Alhaji Lawal.