Businessman in court for allegedly buying stolen iron rods

The police on Monday arraigned a businessman, Luka Madaki, in an Upper Area Court in  Zuba, FCT, for allegedly buying stolen iron rods worth over N1 million.

The police charged Madaki, who resides in Kubwa, Abuja, with receiving stolen property, contrary to Section 317 of the Penal Code.

The prosecution counsel,  Chinedu Ogada, told the court that the matter
was reported at the Dutse Alhji Police Station, Abuja, on September 11 by the complainant, Okudu Joachra of Kubwa Extension III.

He said that the defendant bought the iron rods worth over N1 million from two friends, Moses Okpara and Samuel Ahmed, who are standing trial for theft.

The prosecution alleged that the defendant bought the rods for N27, 500.

He told the court that the police are yet to recover the stolen rods.

However, the defendant pleaded not guilty to the charge against him and the prosecutor prayed the court to grant him date to open his case against him.

The judge, Alhaji Gambo Garba, admitted the defendant to bail in the sum of N200,000 with one  surety in like sum.

He ordered that the surety must have a reasonable means of livelihood and must reside within the jurisdiction of the court.

Garba adjourned the case until November 13 for hearing.