Man charged with stealing N5m goods

A 35-year-old businessman, Emeka Okoye is standing trial before an Igbosere Magistrate Court, Lagos, for allegedly stealing goods worth N5.3million from his business associate.

Okoye is facing a two-count charge of conspiracy and stealing.

Stephen Molo, the police prosecutor told the court on Friday that the accused and others at large committed the alleged offences in May 2014, at No. 27, Salako Street, Aluminum Village, Dopemu in Agege, Lagos State.

He said that the accused falsely obtained 2900 pieces of Aluminum profile valued at N5.3 million from one Samuel Onwughalu under guise of paying him the money.

Molo said that Okoye stole the goods thereby committing the offences which contravene sections 285 (b) and 409 of the Criminal Law of Lagos State, 2011.

Section 285 provides that any person, who steals a property, is liable to seven years’ imprisonment, while section 409 prescribes two years’ imprisonment for offenders. The accused, however, pleaded not guilty to the offences.

The counsel to the accused, A. R. Oladipo, urged the court to admit the accused to bail on liberal terms.

The magistrate, W. B. Balogun, admitted the accused bail in the sum of N1 million with two sureties in like sum, and adjourned the case to September 24, 2015. (NAN)