Manager Arrested For Diverting Company’s Money

Posted on December 7, 2016
CYRIACUS IZUEKWE
The Station Manager of NIPCO Petroleum, Johnson Ayeni, has been arrested and charged before a Lagos court for allegedly diverting N1.3 million belonging to the company in Ejigbo, Lagos State, Nigeria.
The suspect, who resides at 16, Barracks House, Alagbade in Ijegun area, allegedly stole the money barely one month after he was appointed the station manager.
P.M.EXPRESS gathered that he was diverting the money piecemeal after sales without the knowledge of the company.
Trouble however started when the company audited the sales and discovered the amount was missing and Ayeni was summoned to explain what happened.
When he did not explain satisfactorily, he was handed over to the police at Isolo division for interrogation.
He was later charged to court with conduct likely to cause breach of public and stealing under the Criminal Code.
At the Isolo Magistrates’ court where he was arraigned, he pleaded not guilty.
The prosecutor, Mr U. A. Oje, told the court he was not objecting to his bail and urged the court for accelerated hearing in the interest of justice.
Ayeni’s counsel informed the court  the suspect wanted the matter to be settled out of court and asked for a date for report of settlement.
The presiding Magistrate, Mr A. A. Fashola granted him bail in the sum N100,000 with two sureties in like sum.
Ayeni was remanded in prison custody pending when he will perfect his bail.
The matter was adjourned till 27 December, 2016.

Leave a Reply

Your email address will not be published.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

Latest News

The 36 state governors have declared a nationwide nutrition emergency and resolved to establish... Continue
The leadership of the Orashi National Congress, ONC, has unveiled a two-day programme of... Continue
President Bola Ahmed Tinubu has welcomed the World Bank’s October 2026 Nigeria Development Update,... Continue
  Nollywood actress and businesswoman, Chief (Dr.) Lizzy Anjorin-Lawal, popularly known as Lizzy Anjorin,... Continue
The President General of the Orashi National Congress, ONC, Amb. Comrade Emeni Ibe, JP,... Continue
The All Progressives Congress, APC, in Ogun State has called on the factional and... Continue
   MICHAEL AKINOLA  Two weeks after the Lagos State Government cleared street traders and... Continue
The President General of the Orashi National Congress, ONC, Amb. Comrade Emeni Ibe, JP,... Continue
President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to empowering Nigerians through skills... Continue
  As the October 15, 2026 elective congress of the Nigeria Basketball Federation (NBBF)... Continue

UBA


Access Bank

Twitter

Sponsored