Two Nigerian businessmen who allegedly defrauded a colleague of $20,000 (GHC 336,000 cedis) have appeared before the Dansoman Circuit Court.

Patrick Piniki, 57, and Adawale Julius, 52, are alleged to have collected the money from the complainant under the pretext of securing him a vessel loaded with crude oil from Nigeria.

Charged with conspiracy to commit crime and defrauding by false pretences, Piniki and Julius pleaded not guilty.

The court, presided over by Halimah El-Alawa Abdul Basit, admitted each accused person to bail in the sum of GH¢200,000 with three sureties, who are to be public servants earning GH¢2,000 a month.