<p><strong>SIR UDO UDOMA, JSC (Delivering the Leading Judgment): </strong>This appeal is against the conviction of the two appellants by the High Court of Lagos State in Lagos on two counts in which they were charged, firstly, that they both conspired together on 14th July, 1970 in Lagos to commit a felony, that is to say, to induce by false pretences the Registrar of Insurance in the Federal Ministry of Trade, to deliver the Certificate of Registration as an Insurer to the Nigerian States Assurance Corporation Limited and thereby committed an offence contrary to Section 516 of the Criminal Code; and secondly, that the two appellants on the same day with the intent to defraud, induce the Registrar of Insurance, Insurance Division, Federal Ministry of Trade, Lagos, to deliver the Certificate or Registration as an Insurer to the Nigerian States Assurance Corporation Limited by falsely pretending that the Nigerian States Assurance Corporation Limited aforesaid had a credit balance of ₦50,000.00 in its accou…</p>