Sunday, July 19, 2026

Microfinance bank employee arraigned over alleged theft of N1.2 million

The prosecutor urged the court to adjourn the case to enable him to study the case file and assemble his witnesses.

• October 21, 2025
LEGISLATIVE GAVEL
LEGISLATIVE GAVEL[CREDIT: WALLPAPERS.COM]

A 21-year-old man, Abubakar Kehinde, was on Tuesday, arraigned before an Ado-Ekiti Chief Magistrates’ Court for allegedly stealing N1.2 million.

Kehinde, whose address was not provided, is facing a two-count charge of stealing and breach of peace, to which he pleaded not guilty.

The prosecutor, Inspector Sodiq Adeniyi, told the court that the defendant committed the offence between July and August at Day-by-Day Microfinance Dynamic, Ajowa Area in Ado-Ekiti.

He alleged that the defendant, a manager at Microfinance Dynamic, did not remit the sum of N1.2 million to the account belonging to one Azeez Basira.

He said that the defendant also conducted himself in a manner likely to cause breach of peace.

According to him, the offence contravenes the provisions of Section 302 and 181(1) (d) of the Criminal Law of Ekiti State, 2021.

Mr Adeniyi urged the court to adjourn the case to enable him to study the case file and assemble his witnesses.

The Defence Counsel, Mr Opeyemi Esan urged the court to grant his client bail, promising that he would not jump bail.

In her ruling, the Chief Magistrate, Dolamu Babalogbon, granted the defendant bail in the sum of N500,000 with one surety in like sum.

She adjourned the case till Nov. 12 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.”

States

Flooding: Anambra, Ebonyi, Enugu place emergency response agencies on alert

He urged residents living in flood-prone areas to heed early warning messages.

Flood

NationWide

Flood Alert: NEMA urges residents in flood-prone areas to evacuate as rains intensify

Mrs Umar advised motorists and pedestrians against driving or walking through floodwaters.

Vice-President Kashim Shettima

NationWide

Shettima departs Abuja for ECOWAS summit in Freetown

The summit will focus on key policy decisions and strategic resolutions.

National Broadcasting Commission

NationWide

NBC unveils new digital broadcasting rules  

Mr Ebuebu said the commission had observed declining ethical standards in broadcasting.

Heading 3

POWA reaffirms commitment to members’ welfare

According to Mrs Disu, the invaluable role of police officers’ wives cannot be overemphasised.

Nigeria Premier Football League logo

States

N2 billion NPFL prize won’t fix Nigerian football, says Gara-Gombe

He lamented that Nigeria had only a few stadiums capable of meeting international standards.