A 30-year-old sales agent, Kingsley Onwuania, was on Wednesday in an Igbosere Magistrates’ Court in Lagos for allegedly failing to remit N9.5 million worth of goods he obtained from a Chinese company.
The accused, whose address was not given, is facing a charge of fraud.
The Prosecutor, CSP Effiong Asuquo, told the court that the accused committed the offence on Aug. 20 as a sales agent to Miss Helen Cai, the Managing Director of Qingdao Yuanzhou Rubber products Ltd.
He alleged that Onwuania obtained 3,465 cartons of Toyota brand of tubes and tyres valued at N9.5million in the agreement that he would remit the money to the company’s account.
“It was later discovered that the accused converted the proceeds of the sales to his personal use,’’ said.
Asuquo said the offence contravened Section 285 (9) of the Criminal Law of Lagos State, 2011.
The accused, however, pleaded not guilty to the charge.
The Magistrate, Mr P. A Adekomayia, granted the accused bail in the sum of N2 million with two responsible sureties in like sum.
He said that one of the sureties must be a blood relation of the accused and the other a civil servant on Grade Level 15.
Adekomayia also ordered that the sureties must show evidence of three years tax payment to the Lagos State Government.
He adjourned the case till Jan. 21, 2016, for mention.