A 24-year-old man, Lateef Olawale, was on Tuesday arraigned before an Ikeja Chief Magistrates’ Court for allegedly stealing a Toyota SUV valued at N2.8 million.
The defendant, a tricycle operator who lives at Thomas Street, Owode, Ikorodu, Lagos, is facing two counts bordering on conspiracy and stealing.
The prosecutor, ASP Raji Akeem, told the court that the offences were committed on June 22 at Lambo Lasuhan Street, Ikorodu.
Akeem alleged that the Toyota Highlander valued at N2. 8 million, property of Taiwo Omolekan, was stolen and that the case was reported at the police station.
Akeem also alleged that the vehicle was later found in the possession of the defendant at Ebute Metta, Lagos.
The offences, according to the prosecutor, contravened Sections 287 and 411 of the Criminal Law of Lagos State, 2015.
The defendant, however, pleaded not guilty.
The Chief Magistrate, O. I. Adelaja granted the defendant bail in the sum of N300, 000 with two sureties in like sum and adjourned the case until December 2 for mention.