2 Citygate Staff Docked For Swindling Company Of N359m 

Posted on August 6, 2024
MICHAEL AKINOLA 
Two staff of finance company, Citygate Global Investment Limited in Lagos State, have been arrested and charged for allegedly swindling the company to the tune of N359m.
P.M.EXPRESS reports that the members of staff Adeyemi Adedotun, 36 and  Suliaman Omodolapa, 28, were arrested by Police operatives from MAN Center Division after the alleged fraud was discovered to have been perpetrated by the two members of staff and others now at large.
The incident happened at the company’s office located at Ogunlowo Street off Awolowo Way, Ikeja area of Lagos, where they were employed as staff.
According to the Police, the suspects had between August, 2023 and July, 2024, obtained credit of the said amount in question and made false statements by using WPS office application to prepare false statement of account to defraud the company.
However, the whole scam got exposed after the company conducted an audit and the money was discovered to be missing.
The alleged fraud was reported to the Police. The operatives arrested the suspects and detained them at the station for interrogation over the missing money.
After rounds of interrogation, the Police found them culpable and consequently charged them before the Ogba Magistrate Court for the alleged offence.
However, they pleaded not guilty.
The prosecutor, Supol Akeem Raji, then asked the Court to give a date for hearing since they pleaded not guilty to enable the Police to prove that they actually committed the alleged offence.
The Presiding Magistrate, Mrs. B.O. Osunsanmi, granted them bail in the sum of N5m with two sureties in like sum, who must show evidence of means of livelihood and tax payment while addresses will be verified by the Court.
The matter was adjourned till 15th August, 2024, for mention while the defendants were remanded in custody at the correctional center at Kirikiri town, Lagos, pending when they will perfect their bail conditions.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

BY MICHAEL AKINOLA  Trial of the Accountant-General of Bauchi State, Sirajo Muhammed Jaja continued... Continue
Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Ajayi Obasa, has... Continue
The Benin-Asaba Expressway Concession Company Limited (BAECC) has announced the appointment of renowned Public-Private... Continue
Following a new seven-day flood alert advisory (NFA-2026-2022) issued over the weekend by the... Continue
With barely five months to the 2027 Governorship election, Ogun State chapter of the... Continue
  ADEOLA OGUNLADE  The Executive Chairman of Ikeja Local Government, Hon. Akeem Olalekan Dauda... Continue
  The PEARL Awards, Nigeria’s foremost platform for rewarding corporate performance in the capital... Continue
Buruj Sports Academy has announced the admission of promising young footballer, Alfred Emmanuel Francis,... Continue
The Orashi National Congress, ONC, has felicitated with Distinguished Senator Wilson Asinobi Ake as... Continue

UBA


Access Bank

Twitter

Sponsored