Insurance marketer bolts with clients’ N6m

A 42-year-old company marketer, Temitope Adamson, who allegedly disappeared with clients’ N6 million is on reprieve as the court released him on N6 million bail.
Adamson, who works for Mutual Benefits Life Assurance Limited, collected the money from clients on the pretext of remitting same into their policy accounts.
An Ikeja, Lagos State Magistrates’ Court, which gave the ruling, also granted the accused two sureties as part of the bail condition.
According to Magistrate T.O. Shomade, the sureties should be gainfully employed and also should show evidence of two years’ tax payment to the Lagos State Government.
Adamson, a resident of 39, Ezekiel Ayebola Street, Aruje Lagos, is facing a three-count charge of stealing, obtaining money under false pretences and forgery, to which he pleaded not guilty.
Prosecutor Raji Akeem told the court that the accused committed the offences between May 2014 and June 2016 at Mutual Benefit Life Assurance Limited located at 19/21, Town Planning Way, Ilupeju, Lagos.
Akeem said Adamson obtained money from 29 clients on the pretext of remitting the money into their policy accounts.
Akeem said: “The accused instead of remitting the money into the company’s account as promised, converted it to personal use.
“He also forged the statement of account of the company.”
The offences contravened Sections 285, 312 and 371 of the Criminal Law of Lagos State, 2011.
The accused risks 15-year jail term on conviction.
The magistrate adjourned the case to November 14 for mention.