ABUJA – The police on Wednesday arraigned David Obalowo in a Gudu Upper Area Court, FCT, for allegedly defrauding his employer of N3.1 million. Obalowo of No1 Wisdom Street, Rafinsanyi, Suleja, Niger, is standing trial on a three-count charge of criminal conspiracy, breach of trust and cheating.
The prosecutor, Insp. Emmanuel Edet, told the court that one Isah Abdullahi, an executive of Big Bowl Company Limited, Games village, Abuja, reported the matter at the Apo Police Station on July 10.
He said the accused, being the sales representative of the said company, was entrusted with some tobacco products valued at N3.1 million for sale. [eap_ad_1] He said the accused was instructed to remit daily proceeds of the said products to the bank, but instead, he conspired with one John, now at large, and converted the said amount to his personal use. He said the offence contravened sections 97, 314 and 322 of the Penal Code.
The accused, however, pleaded not guilty to the charges.
The counsel to the accused, Obiayi Echefule, applied for the bail of his client, assuring the court that a reliable surety will be provided if granted.
The presiding officer, Alhaji Umar Kagarko, granted the accused bail in the sum of N3.6 million with a surety in like sum.
He said the surety must reside within the court’s jurisdiction and adjourned the case until Sept. 17, for hearing. (NAN)
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