Man Remanded For Alleged N1.5M Theft

By Felix Kuyinu

The Magistrates’ Court in Ikorodu has remanded one Toyin Damilola over allegations of stealing the sum of N1,500,000.

At the courthouse on Friday, the Prosecutor, Inspector Adegesin Famuyiwa, stated that 28-year-old accused stole the sum belonging to the complainant – one Funmilola Lawal.

Famuyiwa disclosed that the money, meant to be used to buy fish and chicken feed was given to the defendant. The prosecutor added the the suspect failed to buy the items, thus, converting it for his use.

“The defendant diverted N577,720 meant for 24 bags of fish feed and N954,930 for 50 bags of chicken feed for personal use,” the prosecutor said.

“The funds belonged to the complainant, Mrs. Oluwafunmilola Lawal.

“He conducted himself in manner likely to cause a breach of peace. The offense violate Sections 168(D) and 287(7) of the Lagos State Criminal Law, 2015.”

The accused pleaded not guilty to two counts of theft imposed against him.

The court granted him bail in sum of N500,000 with two sureties in like sum.

The defendant will be re-arraigned at the court on March 27.