POLICE ARRAIGNS 4 EMPLOYEES FOR THEFT OF N52 MILLION

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Admin l Tuesday, January 02, 2018

IKOYI, Lagos, Nigeria – Four employees of a distribution firm were today arraigned before an Igbosere Chief Magistrate Court for alleged theft of N52 million from their employer.




The four accused persons Olalekan Badru, Yewenu Samuel, Adeyinka Adekoya and Ojo Kayode were arraigned by Force Criminal Intelligence and Investigation Department, FCIID, Alagbon, before Magistrate O. Oshin (Mrs) on a three count-charge of conspiracy, stealing and forgery.

According to the police, the four accused persons who worked in the account department of the firm, had sometimes in March, 2017, conspired among themselves and others now at large to steal the money.

According to the police prosecutor, Mr. Morufu Animashaun, the four accused persons forged several bank deposit slips to carry out the act. They however pleaded not guilty to the charges.

Upon their pleas of not guilty to the charges, their lawyer, Mr. Austin Okey, pleaded with the court to admit his clients bail in the most liberal terms.Consequently, the presiding Magistrate, Mrs. Oshin, granted the four accused persons bail in the sum of N500,000 with two sureties in like sum. They are to remain in prison custody pending fulfilment of the bail condition. The magistrate adjourned the matter till February 2 for mention.

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