Two Accountants Arraigned In Court For Stealing Employer’s N12.1 Million

On Tuesday, September 29, 2020, two accountants – Kayode Akinlade, 53 and Omotayo Salami, 34 – appeared before a Chief Magistrate’s Court in Ikeja for allegedly stealing the sum of N12.1 million from their employer.

They appeared before the court on a two-count charge bordering on conspiracy and stealing which they pleaded not guilty to.

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The Prosecutor, ASP Kehinde Ajayi, had told the court that the defendants committed the offence at Ebenezer Montessori School, Labak Estate, Oko-Oba between September 1, 2019, and March 31, 2020.

He alleged that the defendants stole the money belonging to their employer by hacking into the company’s account.

According to Ajayi, the offence contravened Sections 287(7) and 411 of the Criminal Law of Lagos State, 2015.

However, the Chief Magistrate, Mrs A.O. Ajibade, granted the defendants bail in the sum of N2 million each with two sureties each in like sum.

She added that one of the sureties must own a landed property within the court’s jurisdiction.

Ajibade then adjourned the case until October 29 for mention.