Ondo sales rep arraigned over alleged diversion of company’s ₦6.5 million

The police on Tuesday, dragged a sales representative, Ogunniyi Oluwatoba, before an Akure Magistrates’ Court for allegedly diverting the sum of ₦6.5 million belonging to his employer.
Oluwatoba, whose age and address were not specified, is standing trial on a two-count charge of fraud and conversion.
He, however, pleaded not guilty to the charges.
After arraignment, the prosecutor, Inspector Augustine Omhenimhen, told the court that he needed more time to thoroughly study the case file before commencement of trial.
He consequently asked the court for an adjournment.
Meanwhile, defence counsel, E.A. Omoniyi, applied for bail of the defendant in the most liberal terms, arguing that the defendant was a responsible citizen who had never been accused of crime.
He assured the court that the defendant would not abscond if granted bail.
The Magistrate, Taiwo Lebi, consequently, granted the defendant bail in the sum of one million naira with two sureties in like sum.
He adjourned the case until July 21, for hearing
According to the charge, the defendant was alleged to have committed the offence between April and May, at Omoluabi Bakery and Confectionery, in Idanre Road, Oke Aro, Akure, Ondo State.
The prosecutor alleged that the defendant diverted the sum of N6.5 million realised from sales to his personal use, instead of remitting same to the company’s account.
(NAN)
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