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

False Paternity Claim: Nollywood Actress Mo’ Bimpe Warns Troll “I don’t Want To Hear ‘Justice For’ Your Stupid Name

Nollywood actress Adebimpe Oyebade, popularly known as Mo Bimpe, has denied allegations circulating on social…

3 minutes ago

Service-Wide Vote: Atiku Haunted By The Ghost Of His Sordid Past – Says APC

The All Progressives Congress, APC, has said that Former Vice President and Presidential candidate of…

9 minutes ago

Chukwuemeka Ugwunta, 64, Arraigned In Enugu Court Over Alleged Impersonation Of Traditional Ruler

KINGSLEY EBERE  A 64-year-old man, Chukwuemeka Ugwunta, was on Tuesday, July 21, 2026, arraigned before…

1 hour ago

Anambra State Government Offers Wide-Range Plea Bargain Initiative To Decongest Prisons, Courts

CHRISTIAN ABURIME  The Anambra State Government has announced a sweeping plea bargain programme that will…

2 hours ago

Empathy Storytelling: Where Brands Relive Audience Realities For Relatability

UGOCHUKWU UGWUANYI  Just like calling someone’s name often makes them look your way, there’s hardly…

2 hours ago

Man, 23, Arraigned Over Alleged Conspiracy, Breach Of Peace And N10m Vehicle Theft In Lagos

CYRIACUS IZUEKWE  A 23-year-old man, Oluwakunmi Damilola, has been arraigned before a Magistrate Court in…

2 hours ago
Sponsored