Sponsored
Metro

How Man, 35, Preferred Prison To Refunding Company’s N10m

Sponsored
Sponsored


CYRIACUS IZUEKWE


A 35-year old man, Osaji Chukwuma, has chosen to spend the next three years in prison custody rather than refund the sum of N10m he allegedly stole from the company where he was engaged as sales representative in Lagos.


P.M.EXPRESS gathered that Chukwuma was said to have preferred to keep the money and go to prison thereafter he will come out and use the money to establish his own business.


He was found guilty before the Isolo Magistrates Court for stealing the sum of N10, 882,560.70 belonging to Taylek Drugs Company Limited located at Plot 8, Block M, Abimbola Street, Isolo, Lagos.

He was engaged to sell products and remit the money to the company’s account but he chose to convert the money to his own use. He absconded with the money and the matter was reported to the Police at Ilasamaja Division. Police operatives then trailed and arrested him for interrogation.

During interrogation, he did not deny having the said money in his care but refused to return it and he was then charged before the Court for the alleged offence.


He pleaded guilty.

The prosecutor, Mr. Innocent Odugbo, then presented the facts of the matter and asked the Court to sentence him accordingly to serve as deterrent to any person who might try such in future.


The Presiding Magistrate, Mrs. O. Kushanu, found him guilty as charged and sentenced him to three years imprisonment with the option of refunding the money and regaining his freedom.

However, Chukwuma chose prison custody rather than refund the money.

Sponsored
Alinnor Arinze

Recent Posts

Balkanization Of Umuchu Votes: Amanasaa Becomes Battleground As Ofubuike vs Onwa Split Aguata Federal Constituency

KINGSLEY EBERE  Umuchu, the political heartbeat of Aguata Local Government Area, is in the throes…

3 minutes ago

Egbin Power Reinforces SDG 4 Commitment As 11th Edition of Scholarship Programme Begins

Egbin Power has commenced the 11th edition of its annual scholarship programme, reaffirming its commitment…

1 hour ago

Jumia Brand Festival 2026 Launches 20 Days Of “Beta Prices, Direct From Source” Exclusive Deals

Jumia is set to kick off the 2026 edition of its annual Brand Festival with…

2 hours ago

MTN Foundation, UN Women Partner To Empower 200 Rural Women Entrepreneurs

MTN Foundation and United Nations Women have signed a Memorandum of Understanding (MoU) to expand…

7 hours ago

Man, 54, Arraigned For Allegedly Throwing Wife’s Belongings Onto Street In Lekki

CYRIACUS IZUEKWE A 54-year-old man, John Omoera, was arraigned before a Lagos Magistrate Court over…

8 hours ago

BBNaija S11: 15 Housemates Up for Eviction in Week 6

All housemates, except Head of House Abi and Most Influential Player of the Week Sheba,…

8 hours ago
Sponsored