Awa Eke, a 38-year-old accountant with Chisco group of companies, was on Monday arraigned before an Igbosere Magistrates’ Court, Lagos, for allegedly stealing N37.8 million.
The defendant, whose residential address was not given, is being tried on a three-count charge bordering on conspiracy, fraud and stealing.
The Prosecutor, Insp. Edward Abiodun, told the court that the defendant conspired with others at large, to commit the offences between March, 2018 and December, 2019 at Chisco group of companies in Lagos.
“Eke used his position as the accountant for Chisco group of companies to defraud the company to the tune of N37.8 million,” Abiodun said.
According to the prosecutor, the offences contravene Sections 287, 325 and 411 of the Criminal Law of Lagos State, 2015.
The defendant however pleaded not guilty to the charges.
The Magistrate, Mrs O.O. Oshin, granted the defendant bail in the sum of N500,000 with two sureties in like sum.
Oshin ruled that the sureties must show evidence of tax payment to the Lagos State Government and have their addresses verified by the court’s registrar.
The magistrate adjourned the case until April 21 for mention.
