A 27-year-old man, Philips Ogorome, was, on Friday, arraigned before an Abeokuta Magistrates’ Court in Ake for allegedly stealing N2.8 million belonging to his employer, the Nigeria Police Force (NPF) Micro-finance Bank.
The defendant, whose address was not provided, is facing a count charge of stealing.
The Prosecutor, Insp. Matthew Famuyiwa told the court that the defendant committed the offence between Oct. 2017 and May 2019 at the NPF Micro-finance Bank, Kuto, Abeokuta.
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Famuyiwa said that the defendant, who was a marketer to the bank, allegedly collected N2.8 million on behalf of the bank from customers, and refused to remit the money to the bank.
He said that the defendant converted the money into his personal use.
According to the prosecutor, the offence contravenes Section 390(9) of the Criminal Law of Ogun, 2006.
The defendant, however, pleaded not guilty to the offence preferred against him.
The Magistrate, Mr Oluwaseun Ayobolu, granted the defendant bail in the sum of N500,000, with two sureties in like sum.
He ordered that the sureties must have developed landed property and that they must also show evidence of two years tax payment to the Ogun government.
He, thereafter, adjourned the case till March 11, for hearing.