Kola Peters and Lasisi Mustapha were arraigned on Thursday before the Iyaganku Chief Magistrates’ Court in Ibadan for allegedly stealing stone-breaking machines valued N12 million.
The accused, Peters, 53, and Mustapha, 40, face charges of conspiracy, theft, and receiving stolen goods. According to the prosecutor, Cpl. Akeem Akinloye, the alleged theft occurred around 2:00 p.m. on January 18, 2013.
Akinloye detailed that Peters is accused of stealing the machines from his employer, ENL Construction Company in Idi-Ayunre, Ibadan.
Mustapha is alleged to have knowingly received the stolen machines from Peters.
The charges are based on Sections 383, 390(9), and 427 of the Criminal Code Laws of Oyo State, 2000, which stipulate a seven-year prison term for those convicted of theft and receiving stolen property. Both defendants pleaded not guilty to the charges.
Chief Magistrate Mrs. Olabisi Ogunkanmi granted bail to each defendant in the amount of N5 million, requiring two sureties per person. One surety must own property with a Certificate of Occupancy, and the second must be a blood relative. The case has been adjourned to December 5 for further hearing.
Rice, a staple for Christmas celebrations in Nigeria, has become a luxury this year. Soaring…
Panic erupted on Saturday at a concert in Lagos when the stage collapsed during Odumodublvck’s…
The Federal Government of Nigeria has allocated ₦6,364,181,224 billion for the refurbishment and rehabilitation of…
The black market dollar to naira exchange rate for today, 22nd December 2024, can be…
The Nigerian National Petroleum Company Limited (NNPCL) has refuted claims that the 60,000 barrels per…
Manchester City finds itself in unprecedented turmoil, with relegation-level form showing little sign of improvement.…
