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Home » Cashier Steals Employer’s N64.420m To Marry New Wife, Set Her Up; To Spend 60 Months In Prison
Crime

Cashier Steals Employer’s N64.420m To Marry New Wife, Set Her Up; To Spend 60 Months In Prison

Khadijah OlowodeBy Khadijah OlowodeNovember 16, 2023No Comments15 Views
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A cashier will spend a total of 60 months (five years) in prison for stealing his employer’s N64.420 million to marry a new wife and set her up in business, reports thegazellenews.com

Tunde Abdulramon was an employee of Prime Grocers International Limited, a company which deals wholesale and retail selling of consumer goods located in Oke Arin ares of Lagos Island.

Abdulramon started as one of the labourers who offload goods from containers for the company when it started operation in 2002. However, he approached the owner of the company, Constance Obi, for assistance and was subsequently permanently employed in 2004.

He was first employed to pack and pick goods for customers before he was later promoted to the position of a cashier.

As a cashier, Abdulramon was expected to collect payments for invoices raised by sales representatives from customers, document them in his cash register and then lodge monies collected into the company’s designated bank account.

However, Abdulramon was deleting the invoices and diverting large sums of money paid by customers and lodgers.

The company’s Managing Director, Constance Obi discovered the fraud in 2012 after ordering an audit of the company’s computer software. This followed a rip-off that Abdulramon has been deleting invoices and diverting monies.

An anonymous called Obi to investigate Abdulramon because he had been living beyond his means. He was reported to have married a new wife, opened business similar to his employer’s for her, purchased new properties and bought vehicles.

The investigation revealed the extent of fraud committed by him between 2009 and 2012 and he was eventually arraigned before Justice Raliat Adeniyi of the Lagos High Court in Ikeja. He was arraigned on 19 August, 2013.

Abdulramon was eventually convicted last week by Justice Adeniyi.

He was also ordered to return all the money he stole and the properties he acquired with the stolen money.

Story source: Punch newspaper 

Business cashier consumer investigation
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Khadijah Olowode

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