A salesboy, 21, Henry John, has been arraigned in an Ikeja Chief Magistrate’s Court for allegedly stealing N153 million belonging to his employer.
John, who resides at Ogunnusi Road, Ogba, Lagos was charged with conspiracy and stealing but he pleaded not guilty.
The Prosecutor, ASP Victor Eruada, told the court that the defendant committed the offences on January 8, at Update Boutique, Ogba, Lagos.
Eurada said the defendant and others still at large stole the N152 million belonging to the complainant, Mr James Obi.
He said that the defendant transferred the money to his account.
Eurada said the offences contravened Sections 285(7) and 411 of the Criminal Law of Lagos State, 2015.
Section 285(7) stipulates seven years jail term for stealing from one’s employer, while Section 411 provides two years for conspiracy.
The Chief Magistrate, Mrs O.A Ogunjobi, granted the defendant bail in the sum of N2 million with two sureties in like sum.
Ogunjobi ordered that one of the sureties must provide evidence of 3 years of tax payment to the Lagos State Government.
She adjourned the case until January 23 for mention. (NAN)
