Friday, August 12, 2022

Sales rep docked for stealing Guinness products worth N1.8 million

The sales representative is said to have fraudulently converted N1.8 million realised from sales of products belonging to his employer.

• July 27, 2022
Court symbol used to tell the story
Court symbol used to tell the story

A 38-year-old sales representative, Kayode Oludoyi, was on Wednesday docked in the Iyaganku Magistrates’ Court, Ibadan, for allegedly stealing Guinness products worth N1,850,419.54.

The police charged Mr Oludoyi, whose residential address was not provided, with theft.

Prosecution counsel, Foluke Adedosu, told the court that the defendant committed the offence between July 1 and July 15 in the Eleyele area of Ibadan.

Ms Adedosu alleged that the defendant fraudulently converted the money realised from selling the products belonging to his employer, Anbsolite Accord Investment Ltd.

She said the offence contravened section 390(9) of the Criminal laws of Oyo State, 2000, to which the defendant pleaded not guilty to the charge.

The magistrate, I. O. Osho, granted the defendant N500,000 bail with two sureties, and adjourned the case until October 5 for a hearing.


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