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Tuesday, September 17, 2013

FRAUD: N3.2 Million Gone, Sales Rep In Hot Soup?

Ebute Meta Court
A 65-year-old sales representative, Mr. Omole Adeyemi, has been taken before an Ebute Meta Magistrate’s Court for allegedly stealing N3, 200,000 from his employers, Ridge Crest Nigeria Limited.
Adeyemi, who was arraigned on two counts of stealing, was said to have committed the crime at the Ajao Estate area of Lagos.
The police told the court that the defendant used his position as the sales representative to divert funds meant for the company into his private account.
He allegedly stole the sum over a period of nine months before he was caught in June 2013 when the company audited its account.
His appointment was subsequently terminated after the theft was uncovered.
The charges read, “That you, Omole Sunday Adeyemi, and others at large, between October 2012 and June 30, 2013, at Ajao Estate, Lagos in the Lagos Magisterial District, did conspire amongst yourselves to commit felony to wit: stealing.
“That you, Omole Sunday Adeyemi and others at large on the same date, time and place in the aforesaid magisterial district, while in the employ of Rudge Crest Nigeria Limited as a sales representative, did dishonestly steal the sum of N3,200,000, property of Ridge Crest Nigeria Limited.”
The prosecutor, Mr. Frank Inah, said the offences were punishable under Sections 409 and 285(7) of the Criminal Law of Lagos State, Nigeria, 2011.
Adeyemi said he was not guilty of the charges.
His defence counsel pleaded with the court that he be granted bail in the most liberal terms.
The magistrate, Mr. A.O Komolafe, admitted him to bail in the sum of N1m with two sureties each in like sum.
The matter was adjourned till September 30.
Source: Punch

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