A 49-year-old manager of a bakery, Adelaja Olumuyiwa, was on Thursday charged before an Ikeja Chief Magistrates’ Court for allegedly stealing his employer’s N436,330.
Olimuyiwa, who resides at 10, Oluwatoyin St., Shasha, a suburb of Lagos, is being tried for stealing, to which he pleaded his innocence.
The prosecutor, SP Raji Akeem, told the court that the defendant committed the offence in March at Alausa area of Ikeja.
Akeem said that the defendant failed to remit the sum of N436, 330 to the company’s account.
He, instead, converted the amount to his personal use.
“The complainant and owner of the bakery, Mrs Folasade Bamidele, knew about it when the bakery’s account was audited.
“The case was reported to the police station and the accused was arrested,” he said.
The News Agency of Nigeria reports that the offence contravenes Section 287 of the Criminal Law of Lagos State, 2015, which stipulates three years’ imprisonment for offenders.
The chief magistrate, Mrs O. A. Layinka, granted the defendant bail in the sum of N100,000 with two sureties in like sum and adjourned the case until June 4.