Wednesday, July 15, 2026

Police arraign man for allegedly stealing N4.2 million from crypto firm

Police arraign man for allegedly stealing N4.2 million from a crypto currency firm

• November 2, 2023
Gavel
Gavel used to illustrate the story

A 36-year-old man, Victor Ameh, was on Thursday arraigned in a Kaduna Magistrates’ Court for allegedly stealing N4.2 million from a crypto currency firm.

Mr Ameh, a resident of Marafa in Kaduna, is charged with conspiracy and theft.

The prosecution, Inspector Chidi Leo, told the court that the defendant committed the offence on July 20, at Ungwan Rimi, Kaduna.

Mr Leo alleged that the defendant, conspired with one other, at large and unlawfully withdrew N4.2 million from his employer’s account.

He further said that the defendant was arrested when investigation into the matter was carried out.

He said the offence contravened the provisions of sections 287 (7) and 217 of the Penal Code of Kaduna State, 2017.

The defendant pleaded not guilty.

Magistrate Ibrahim Emmanuel admitted the defendant to bail in the sum of N1 million with one surety in like sum.

Emmanuel said that the surety who must be a blood relation to the defendant, must be gainfully employed and have evidence of two years’ tax payment to the Kaduna State Government.

He adjourned the case until December 9 for hearing. 

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

National Orientation Agency

States

NOA seeks collaboration with Edo broadcasting service on public orientation

Mr Ani commended the agency for its vital role in educating Nigerians on government policies and programmes.

National Population Commission

NationWide

Most births, deaths not officially registered, says NPC

Mr Yusuf said Nigeria records an estimated five million births annually.

Akara seller and Remi Tinubu

Opinion

Azu Ishiekwene: Another view on the matter of akara

This chill-less generation would not only welcome the Good Samaritan but also demand authenticity and scrutinise him.

A gavel and Kuwait work visa.

States

Lagos man in court for alleged N3 million Kuwait work visa fraud

The prosecutor said the offences contravene the provisions of sections 287, 314 and 411, of the Criminal Law of Lagos State, 2015.

Watching TV on phone

NationWide

NBC expands FreeTV access to mobile devices

The National Broadcasting Commission says Nigerians can now access Free TV services on mobile devices through a dedicated application, alongside satellite decoders.