Adeolu Micheal, 34, on Friday, appeared before an Ile-Ife Magistrates’ Court for alleged N125,000 fraud.
The defendant, however, pleaded not guilty to the two-count charge of fraud and unlawful conversion.
The prosecutor, Insp Sunday Osanyintuyi, told the court that the defendant converted the sum of N125,000 given to him to make aluminum windows into his personal use.
Osanyintuyi said that the offences were committed on April 13, 2018 at about 10 a.m., at the Onward Peal Modern College, Ile-Ife.
He said that the defendant unlawfully obtained the cash sum of N125,000 under the pretence of making aluminum glass window for Onward Peal Modern College, Ile-Ife.
The prosecutor said that the defendant unlawfully converted the money, which was paid to him into his personal use and failed to deliver the job.
According to him, the offence contravenes Sections 383 (3), 390(9) and 419 of the Criminal Code, Laws of Osun, 2002.
The magistrate, Bose Idowu, granted the defendant bail in the sum of 100,000 with one surety in like sum.
Idowu said that the surety must swear to an affidavit of means as well as provide three recent passport photographs.
The case was adjourned until Jan. 17 for hearing.
