Joash, who is the Senior Pastor of The Great House Nation Church, was confined to Agodi Prison for allegedly defrauding at least three People of N305 million.
The fund was reportedly meant to procure a Certificate of sponsorship for those intending to migrate to the UK for healthcare jobs.
He was said to have charged between £3,500 and £5,500 per Candidate but failed to provide the Certificates after one year.
He was said to have been sneaking in and out of Nigeria to escape those he allegedly defrauded.
The Oyo State Police Command arraigned Joash on a 10-count charge bordering on obtaining money under pretence an offence which is punishable under criminal code of the laws of the State.
He was alleged to have obtained a sum of N134,823,750 from a Victim; N30 million from another; N135,177,750 from one and N5,881,000 from another Victim totalling N305,882,500.
When he was arraigned at a Magistrate Court in Ibadan on October 30, Joash pleaded ‘Not guilty’ to the charges.
He was admitted to N10 million bail with two Eureties in like sum who must be gainfully employed and must be ready to deposit their international passports.
One of the sureties must also have property in Iyaganku GRA, Ibadan.
The case was adjourned to December 18 for mention.
It will be recalled that Joash Ministries had earlier debunked the report that its chairman, Reverend Paul-Kayode Joash, defrauded his clients of a sum of N306.1m, citing logistic delay in processing clients’ applications.
The organisation, in an official statement, noted that it has initiated the refund process, and reaffirm its commitment to satisfying their clients with good result.