Man, 24, arraigned over alleged theft of N47 million worth of cables

The police in Lagos on Thursday brought a 24-year-old man, Isaiah Peter, before an Ojo Magistrates’ Court, for alleged theft of electrical wires worth N47 million.
The defendant appeared before Magistrate, A.M Alade, on a two-count charge bordering on conspiracy and stealing.
He, however, pleaded not guilty to the charge.
The prosecutor, Inspector Esther Adesulu told the court that the defendant committed the offences between February and November, at Dignity Plastics, located at the Alaba International Market in Ojo.
The prosecutor alleged that the defendant conspired with others still at large to steal cables valued at N47 million.
According to him, the cables belonged to one Patrick Ojiako.
He said the offences contravened the provisions of Sections 287 and 411 of the Criminal Law of Lagos State, 2015.
The court granted the defendant bail in the sum of N1 million with two sureties in like sum.
Mrs Alade adjourned the case until February 14, 2025 for mention.
(NAN)
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