Store Keeper Remanded Over N26m fraud In Osun

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ARREST

Store Keeper Remanded Over N26m fraud In Osun

 
A 27-year-old Bamidele Tunde, an employee of Lexican Investments Limited, Ile-Ife was on Monday, remanded by an Osun State Magistrates’ Court sitting in Ile-Ife over alleged fraud of over N26 million.

State Prosecutor, Abiodun Badiora, Esq, the  Administrator General & Public Trustee, for Attorney- General, Osun State, Ministry of Justice, told the court that the defendant committed the offence between Jan 2019 and June 8, 2020 at Lexican Investments Limited at Omole Layout, Ile-Ife.
Badiora said that the defendant conspired with others now at large to commit felony to wit: obtaining property by false pretence.
He stated that the defendant stole 8,852 crates of assorted drinks in one of Lexican stores valued at N17, 097,145:00.adding that the defendant also defrauded the company by obtaining 294 crates of assorted drinks valued N970,885:00, under false pretence.
According to him, the defendant stole 1827 crates of assorted drinks valued N4,023,376. and stocked them in one of the Lexican stores among others.
The Administrator-General said that the defendant while working with the company forged company’s receipt with No: 538743, 538744, 538739, 538570, 538572 and 538573.
The defendant, who was legally represented, however, pleaded not guilty to the charges of fraud and stealing levelled against him.
Magistrate A. I. Oyebadejo did not grant the bail of the defendant, saying the amount defrauded was huge.
Oyebadejo ordered for his remand in Ile-Ife Correctional custody, pending the consideration of his bail as he adjourned the case until Oct 26, for hearing.