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Manager, accountant allegedly defraud employer of N10m

2 Min Read
court

Two office workers, Oladoyin Ogunyinka and Folashade Junaid, on Wednesday appeared in an Ikeja Magistrates’ Court for allegedly defrauding their employer of N10 million.

Ogunyinka, 35, an accountant who resides at Yaba area of Lagos, and Junaid, 41, a manager who stays at Ajah, in Lagos, pleaded not guilty to charges of obtaining money under false pretences, conspiracy and stealing.

The Prosecutor, Insp. Victor Eruada, said that the defendants committed the offences between January 2017 and February 2018 at USAF Global Resources Nigeria Limited, Ikeja area of Lagos State.

Eruada said that the defendants, who were members of staff of the company, obtained the amount from their employer, Mr Olakunle Olawoore.

“The accused obtained N10 million from Olawoore under the guise of acquiring him a house, which they never did.

“They converted the money to their personal use,’’ the prosecutor said.

The offences contravened Sections 287, 411 and 314 of the Criminal Law of Lagos State, 2015 (Revised).

The News Agency of Nigeria (NAN) reports that Section 314 prescribes 15 years jail term for obtaining money under false pretences.

The Magistrate, Mrs M.I. Dan-Oni, granted bail to the defendants in the sum of N1 million, with two sureties in like sum.

Dan-Oni adjourned the case until Dec. 3, for mention. (NAN)

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