A salesman, Okusaga Isiaka, 37, was on Friday arraigned before an Ota Magistrates’ court for allegedly defrauding his employee of N27.8 million in Ogun State.
Isiaka was charged with an offence that contravened Section 383(2) of the Criminal Code, Laws of Ogun, 2006.
The Prosecutor, Inspector E. O. Adaraloye, told the court that the defendant whose address was not mentioned committed the offence on August 15 around 12.00 pm at Shaah Industries Ltd in the state.
Adaraloye alleged that the defendant, being a salesman, collected N27.8 million from his employee and refused to remit the money to the company’s account.
“The defendant converted the said money to personal use instead of paying the money into his company’s account,” Adaraloye said.
The defendant, however, pleaded not guilty to the charge.
Magistrate O. O. Okiki granted the defendant bail in the sum of N1 million with two sureties in like sum.
Okiki ordered that the sureties must reside within the court’s jurisdiction and be gainfully employed with evidence of tax payment to the state government.
The case was further adjourned until September 9 for further hearing. NAN