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Two Apprentices Arraigned for Stealing Employer’s N160m

The Police Friday arraigned two electronic business apprentices, Micheal Kingsley 27 and Fabian Okoye 22, before a Lagos Magistrates Court sitting in Igbosere, for allegedly defrauding their employer of N160 million.
The defendants, whose residential addresses were not given, are facing a four-count charge bordering on conspiracy, fraud and stealing, preferred against them by the police. The Prosecutor, Inspector Ingobo Emby, told the court that the defendants conspired amongst themselves and committed the alleged offences sometime in 2017, at 27, Olaoye Street, in Ikotun, area of Lagos.

Emby said that Kingsley and Okoye, who were apprentices in the electronic company of the complainant, one Mr Anayo Onyeka, sold some electronics worth N160 million and remitted the money into their personal accounts. The Prosecutor said “The defendants also engaged in electronic cards related fraud by using access devices like Credit and Debit financial cards to obtain cash credit and goods from the complainants business associates,”. According to Emby the offences committed are contrary to Sections 33, 287 (9b), and punishable under Sections 325 and 411of the Criminal Law of Lagos State, 2015. The duo however denied the allegations against them. The Magistrate, Mrs A. M. Davies granted the defendants bail of N2 million each with two sureties each in like sum.

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