Two persons, Yusuf Ibrahim, 23, and Adeyemo Oluwatosin, 20, were on Tuesday arraigned in an Ado-Ekiti Magistrates’ Court for alleged illegal possession of money suspected to have been stolen.
The defendants, whose addresses were unknown, are facing a two-count charge of demand for money with menace and unlawful possession of money.
The prosecutor, Sgt. Olubu Apata, told the court that the defendants and others at large committed the offence on May 26, at about 09:00 a.m at Odo-Ado in Ado-Ekiti.
He alleged that the defendants and others at large conspired among themselves to wit, demand money with menace.
Apata also alleged that the defendants were unlawfully in possession of N650,000 suspected to be stolen.
He added that the defendants and others at large during the lockdown blocked the road and extorted people.
According to him, the offences contravene Sections 516 and 427 of the Criminal Code, Laws of Ekiti State, 2012.
The prosecutor asked the court for adjournment to enable him to study the case file and present his witnesses.
The defendants pleaded not guilty to the charges.
The defendants counsel, Mr Gboyega Abiola, urged the court to grant them bail with a promise that he would present them anytime on request by the court.
The Magistrate, Mrs Taiwo Ajibade, granted the defendants bail in the sum of N50,000 with two sureties each in like sum.
She adjourned the case until July 15, for hearing.
Edited By: Remi Koleoso/Donald Ugwu (NAN)