Crime
Sales rep arraigned for alleged N8.5m theft
A sales representative, Vincent Ukoh, on Thursday appeared before a Surulere Chief Magistrates’ Court, Lagos State, for allegedly stealing his employer’s N8.5 million.
Ukoh, 32, whose residential address was not provided, however, pleaded not guilty to a two-count charge of fraud and stealing.
The prosecutor, Insp Anthonia Osayande, told the court that the defendant committed the offences from January 2020 to September 2022 at No. 1a, African Church Close, Off Coker Road, Ilupeju, Lagos State.
Osayande alleged that Ukoh stole proceeds of sales for his employer, Davinks Healthcare Nig. Ltd.
She said that Ukoh diverted to his personal use, money he realised from selling Daravit drinks, Vista soap, Neoskin cream, Vista Plus cream, Acneaway cream and Neoskin soap for his employer.
The prosecutor submitted that the theft was discovered during an audit of the company’s accounts.
She said that the offences contravened Sections 287 and 314 of the Criminal Law of Lagos State, 2015.
The Chief Magistrate, Mr Adewale Ojo, granted Ukoh bail in the sum of one million Naira with two sureties in like sum.
Ojo ruled that the sureties must be blood relations of the defendant and show evidence of three years’ tax payment to Lagos State Government.
He adjourned the case until Nov. 4 for trial.
-
Featured6 days agoOsun 2026: What the battle could signal for 2027 general elections
-
Business7 days agoWho is really benefiting from Nigeria’s economic reforms?
-
Business1 week agoOPay transactions surge 115% to $358bn as Fintech eyes $4bn US IPO
-
Featured6 days agoOsun Election: How poverty turns ₦20,000 into a powerful vote-buying tool
-
Latest6 days agoCoca-Cola faces backlash over alleged AI filter blocking Christian messages
-
Business1 week agoDeep offshore tax order to unlock $50bn investment, boost oil output–Ojulari
-
Business7 days agoPound climbs to N1,837 as Naira holds steady amid stronger FX market liquidity
-
Latest6 days agoOsun poll: Chaos in Ejigbo as voters, INEC officials run for safety


