Police arraign employee for converting N13 million meant for PoS operation
A 27-year-old employee, Sadiq Musa, appeared before the Magbon Alade Magistrates’ Court in Ibeju-Lekki, Lagos State, on Tuesday for the alleged illegal conversion of N13 million meant for Point of Sale (PoS) operations.
Mr Musa, whose address was not provided, faces a two-count charge of stealing and illegal conversion.
The defendant, however, pleaded not guilty.
The prosecutor, ASP Ekundayo Friday, told the court that the defendant committed the offences from April to July at Kara Market in Ibeju-Lekki, Lagos State.
Mr Friday said the defendant converted to his personal use the N13 million deposited with him for PoS business by his employer, Adedapo Damilola.
The prosecutor added that the defendant also converted to his personal use other sums of money he received from customers for business transactions.
He said the offences contravened sections 287(7) of the Criminal Law of Lagos State, 2015.
The magistrate, Olumide Fusika, admitted the defendant to N2 million bail with two sureties in like sum.
Ms Fusika directed that one of the sureties deposit N500,000 with the court as bond.
She added that the addresses of the sureties must be verified.
She adjourned the case until October 26 for mention.
(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
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
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
Police detain suspect over illegal possession of firearm in Enugu
The police said a concealed locally made double-barrelled pistol was found in the suspect’s possession during a search.
Politics
Appeal Court upholds judgment barring INEC from recognising Mark-led ADC congresses
Justice Mohammed held that the case that precipitated the restraining order bordered on a non-justiciable internal affair of a political party.
Heading 5
NMDPRA seals Mobil, Mangerborn Energy in Ogun for under-dispensing fuel
Mr Adebowale stated that the action became necessary due to repeated breaches of regulatory requirements by the affected filling stations.
Politics
Court adjourns Sokoto ADC leadership suit until July 22
The judge consequently adjourned the matter to July 22 and ordered counsel for the first defendant to pay a fine of ₦500,000 to the court.
Abuja
FCT’s Tungan Madaki-Zuba road corridor will boost investment, says Tinubu
Mr Tinubu said that Tungan Madaki, Zuba, and the communities along the road corridor are home to some of Nigeria’s hardest-working citizens.
NationWide
FMBN reaffirms commitment to affordable housing access
Mr Osidi said the bank was prepared to provide guidance on affordable housing and on-site National Housing Fund (NHF) services.
