A 19-year-old man, Chisom Olisa, was, on Tuesday, arraigned before an Ojo Magistrates’ Court in Lagos for allegedly diverting the sale proceeds of a company to his own use.
The defendant is standing trial on a count charge bordering on stealing.
He, however, pleaded not guilty to the charge.
The Prosecutor, Dr Simon Uche, told the court that the defendant committed the offence on September 26 at Osun Plaza, Trade Fair complex in Ojo area of the state.
Uche said that the defendant stole the amount, being a sales representative of Nony Gold Cosmetics Company.
He said that the money was given to the defendant to deposit in the company’s account, but he never did.
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The prosecutor also said that the money was the property of one Ojukwu Mercillina.
The offence, according to him, contravenes the provisions of Section 287 of the Criminal Law of Lagos State, 2015.
The Magistrate, L.K.J. Layeni, granted the defendant bail in the sum of N500,000, with two sureties in like sum
He adjourned the case till November 15 for trial.
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