By Felix Kuyinu
The Yaba Magistates’ Court has arraigned a property manager, Modupe Abiola, for allegely diverting the sum of N1.8m through fraudulent means for his personal use.
The police charged the accused on a two-count charge of conversion of funds and stealing.
Abiola, a resident at No.13, Anjorin St, Mosafejo Road, Amukoko, Lagos, committed the offences on November 12, 2023 at Old Yaba Road in Lagos.
The Prosecuting Counsel, Inspector Magaji Haruna hinted that the 30 year-old accused was entrusted to collect and remit rent from tenants living in a house into a certain bank account but converted the sum of N1.8 million realized for his personal use.
Haruna explained that the swindling act was noticed when a tenant called the defendant’s employer, one Rahman Jimoh, to confirm his payment given to the defendant.
Jimoh then summoned the accused to remit the money but he couldn’t and fled.
Haruna stressed that the offences contravened Sections 287 and 337 of the Criminal Laws of Lagos State, 2015, further noting that Section 287 prescribes three years imprisonment for stealing.
The Magistrate, Olatunde Adefope, granted the defendant bail in the sum of N1 million with two sureties in like sum and then adjourned the matter until Jan. 19 for mention.
