Estate agent in court over alleged theft of N1. 156m rent

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By Adenike Ayodele

– A 43-year- estate agent, Adekunle Shoetan, Friday appeared before an in Lagos, for allegedly stealing N1. 156 million house rent paid by tenants.
defendant, whose residential address not given, is facing a count charge of stealing which he pleaded not guilty .
Police Prosecutor, Sgt. Michael Unah, said that defendant obtained money for house rent from the occupants of the house he managing.
He said that Shoetan however, refused give money the owner of the house, one Mr Oladele Tajudeen.
Unah told the court that the defendant committed the offence between February and October 2019 in Ijaiye Ojokoro, Lagos.
The prosecutor said that that the defendant, who an estate agent the complainant, collected house rent of N1. 156m from tenants at Ojokoro and unlawfully converted the money his personal use.
“All efforts made by the complainant to retrieve the money from the defendant proved abortive,” he said.
The Chief Magistrate, Mr A. A. Fashola, granted the defendant in the sum of N100, 000 and sureties in like sum.
Fashola ruled that the sureties be gainfully employed with an evidence of years’ tax to the Lagos and have their addresses verified by the court.
News Agency of Nigeria (NAN) reports that that the alleged offence violates Section 287(7) of the Criminal laws of 2015, (revised).
Stealing from an employer attracts jail term of seven years for offenders.
The Magistrate adjourned the case until Feb. 14 for hearing.