Man, 25, Docked For Using Company’s N2.7m To Gamble 

Posted on August 30, 2023
MICHAEL AKINOLA 
A 25-year old man, Adejo Wisdom Isaiah, has landed in trouble in Lagos State after he allegedly used a company’s N2.7m to stake a game and failed to win the gamble. 
P.M.EXPRESS reports that the suspect, Isaiah, has been arrested and charged before the Court for stealing.
The incident happened at Yellow Plate Restaurant located on Lagos Island, where Isaiah was employed as an attendant.
The suspect was alleged to have converted the company’s money to his own use by transferring to Spotbet account number 08133665377 with the intention that he will win and return the money to the company.
However, he lost and was unable to return the money, which was later discovered by the company and he was asked what happened. He initially denied before the matter was reported to the Tactical Team of the Commissioner of Police at Ikeja, Lagos.
He was subsequently arrested and detained for interrogation over his alleged conduct. And during interrogation, he reportedly admitted to have used the money to stake a game with the intention that he will win but it eventually failed.
The Police found him culpable and subsequently charged him before the Yaba Magistrate Court for the alleged offence, which attracts several years of imprisonment.
He pleaded not guilty when he was arraigned.
 The prosecutor, Inspector Haruna  Magaji, then asked the Court to give a date for hearing since he pleaded not guilty to enable the Police to prove that he actually committed the alleged offence.
The Presiding Magistrate, Miss O.Y. Adefope, granted him bail with two sureties, who must show evidence of means of livelihood and tax payment.
The matter was adjourned for mention while the defendant was remanded in custody at the Correctional Centre pending when he will perfect his bail conditions.

Leave a Reply

Your email address will not be published.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

Latest News

ABIODUN KOMOLAFE Five years ago, a rare breed of man departed this world, leaving... Continue
The Minister of Blue and Marine Economy, Mr. Adegboyega Oyetola, has declared that Lekki... Continue
Justice Dehinde Dipeolu of the Federal High Court in Lagos on Wednesday convicted eight... Continue
Nigerian-American singer, actor, songwriter and entrepreneur Banky Wellington has jetted out for the 2025... Continue
BY OLAOLUWA OMOTAYO Over the years, cross-border payments in Africa faced several challenges, including... Continue
The National Film and Video Censors Board (NFVCB) has achieved a historic milestone with... Continue
CHRISTIAN ABURIME For a long time, Saturday 16th August, 2025, will be remembered not... Continue
Justice Emeka Nwite of the Federal High Court, sitting in Abuja Monday has issued... Continue
  The Chairman of the Oyo State Universal Basic Education Board (OYOSUBEB), Dr. Nureni... Continue
President Bola Ahmed Tinubu, on Wednesday in Yokohama, Japan, lauded the Nigerian armed forces... Continue

UBA


Access Bank

Twitter

Sponsored