A 50-year old woman, Omotayo Odesola, was on Tuesday arraigned before an Iyaganku Chief Magistrates’ Court for allegedly defrauding her employer of N10 million.
Odetayo, whose address was not given, is being charged with conspiracy and stealing.
The Prosecutor, Corporal Akeem Akinloye, told the court that Odesola conspired with another, now at large, to steal the money .
Akinloye said that the defendant fraudulently converted N10 million belonging to her employer, M. Akinbile Enterprises into her personal use.
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He said that the offence contravened Section 390(9) and 516 of the Criminal Code Laws of Oyo State 2000.
The defendant pleaded not guilty to the charges.
The Chief Magistrate, Olabisi Ogunkanmi granted her bail in the sum of N1 million with two sureties in like sum.
Ogunkanmi adjourned the matter until April 25, for mention.