Sponsored
Crime

Manager Arrested For Diverting Company’s Money

Sponsored
Sponsored
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.
Sponsored
Funsho Arogundade

Recent Posts

Comrade Dauda Joins Residents As Ikeja Hosts Celebrity Boxing Promotion

The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD), on Wednesday joined…

2 hours ago

Buruj Academy Duo Raheem & Fawas Set For Italy, UK, Netherlands Tour

Golden Eaglets stars, Raheem Moyinoluwa Salaudeen and Fawas Ayomide Adeleke, are set to resume preparations…

2 hours ago

BOI & NBCC Sign MoU To Deepen Bilateral Trade, Industrial Growth And Investment

The Bank of Industry (BoI), Nigeria's foremost Development Finance Institution (DFI), has signed a landmark…

3 hours ago

United Nigeria Airlines’ Unity Rewards, Boulevard Hotels Partner To Offer 25% Discount & Flexible Check-In

United Nigeria Airlines has announced a new partnership between its loyalty programme, Unity Rewards and…

4 hours ago

2027: Yoruba Leader Urges Tinubu to Pick Hausa/Fulani Running Mate, Zone Senate Presidency to South-East

A prominent Yoruba leader and public affairs commentator, Dr. Oyedele Oyewumi, has called on President…

4 hours ago

Renewed Hope Arrives Oyo With N1.37tn Roads Projects (4)

BY FEMI AREMU  The approval of eight major federal road projects worth a combined N1.1375…

7 hours ago
Sponsored