A 35-year-old businessman, Emeka Okoye, was on Friday, 28th August, 2015, charged before an Igbosere Magistrates’ Court, Lagos, for allegedly stealing goods worth N5.3 million from his business associate.
Okoye, whose address was not given, is standing trial on a two-count charge of conspiracy and stealing.
The prosecutor, Insp. Stephen Molo, told the court that the accused and some others still at large committed the alleged offences in May 2014, at No. 27, Salako St., Aluminum Village, Dopemu in Agege, Lagos State.
He said that the accused falsely obtained 2900 pieces of Aluminum profile valued at N5.3 million from one Samuel Onwughalu under guise of paying him the money.
Molo alleged that the accused stole the goods, adding that the offences contravened Sections 285 (b) and 409 of the Criminal Law of Lagos State, 2011.
The News Agency of Nigeria (NAN) reported that Section 285 provides that any person, who steals a property, is liable to seven years’ imprisonment, while Section 409 prescribes two years’ imprisonment for offenders.
The accused, however, pleaded not guilty to the offences.
The counsel to the accused, Mr A. R. Oladipo, urged the court to admit the accused to bail on liberal terms.
The Magistrate, Mr W. B. Balogun, admitted the accused bail in the sum of N1 million with two sureties in like sum.
He ordered that the sureties must be gainfully employed with proof of tax payment to the Lagos State Government and adjourned the case to Sept. 24 for mention. (NAN)