A 46-year old man, Saheed Adebayo, was on Monday docked before an Iyaganku Magistrates’ Court in Ibadan over an alleged N3.2 million fraud.
Adebayo, with no fixed address, is being charged with stealing, to which he pleaded not guilty.
The Police Prosecutor, Inspector Femi Oluwadare, told the court that the defendant committed the offence between June 30 and December 2022, at Kuola, Ibadan.
He said that Adebayo was engaged to supervise six commercial motorcycles belonging to the complainant, Ayomikun David.
Oluwadare further said that the six motorcycles valued N3.2 million, were given to motorcyclists with an agreement to make daily returns to the complainant through Adebayo.
Also Read:
- 17,000 jostle for 2,500 Abia teaching jobs
- LAUTECH workers protest ‘sudden’ salary reduction
- IPI, MRA issue resource guide on instruments protecting press freedom
- 14-year-old girl docked over alleged N4m theft
- Ondo governor sacks two female media aides
The prosecutor said that the defendant refused to give the returns to the complainant and owner of the business, but converted the money for his personal use.
He said that the offence contravened Section 390(9) of the Criminal Laws of Oyo State, 2000.
The Magistrate, Maruff Mudashiru, granted the defendant bail in the sum of N1 million with two reliable sureties in like sum.
Mudashiru adjourned the case until August 12, for hearing.
Follow The Eagle Online Channel on WhatsApp
