A sales representative, Sanusi Fisayo has on Wednesday been arraigned before an Osun Magistrate court for diverting to his own use, the sum of N1.9million of his employer.
The Magistrate Court, sitting in Ile-Ife, heard that the accused, Sanuai Fisayo, 37, fraudulently converted his employer’s N1,939,400 to his own use.
The Prosecutor, Inspector Adesina Elijah, told the court that the defendant committed the offence on June 1, at the company’s premises, Ile-Ife.
According to him, the offence contravenes section 390 (6) (9) of the Criminal Code, Laws of Osun, 2002.
The defendant, however, pleaded not guilty to charge.
Defence counsel Leke Dada pleaded with the court to grant the defendant bail in the most liberal term, with a pledge that his client would not jump bail.
Consequently, Magistrate A. I. Oyebadejo granted the defendant bail in the sum of N250,000 with two sureties in like sum.
Mr Oyebadejo held that the sureties must swear to affidavit of means and should reside within the court’s jurisdiction.
He adjourned the case until September 7, for hearing.
An agreement has been reached by the Economic and Financial Crimes Commission and celebrity barman…
Amidst escalating fuel scarcity nationwide, the Federal Government has initiated a 15-day emergency fuel distribution…
English Premier League has lost out to the Italian Seria A and German Bundesliga who…
A building housing 86 partitioned rooms, sized 10×10 and 12×10 was on Wednesday discovered under…
The floating of the naira by President Bola Tinubu’s administration has been described by the…
Osun State Governor, Ademola Adeleke, on Wednesday, affirmed that his government made a conscious decision…
This website uses cookies.