Man, 38, bags 1 year imprisonment for stealing N1.8m


Sango-Ota (Ogun), Oct. 16, 2023

Thank you for reading this post, don't forget to subscribe!

An Ota Magistrates’ Court in Ogun, on Monday, sentenced a 38-year-old sales representative, Shote Kazeem, to one year imprisonment for stealing N1.8 million cash from his employer.

The police charged Kazeem, whose address was not provided, with a one-count charge of stealing.

The defendant, however, pleaded not guilty.

Magistrate O.O. Okiki, sentenced the convict to one year imprisonment with an option of N100, 000 fine and to pay N1, 872, 650 as restitution to the complainant, Aderonke Aboderin.

Okiki said the prosecutor had proven beyond reasonable doubt that Kazeem was guilty to the charge.

Earlier, the prosecutor, Insp E.O. Adaraloye, told the court that the defendant committed the offence on Aug. 8, at No. 34 Glory Plaza Junction, Ota.

Adaraloye said the defendant, being a sales representative to Hephzibah Store, did sell fan and soft drinks to customers and refused to remit N1.8 million to his employer, Aderonke Aboderin.

“The defendant converted the money to personal use instead of remitting the money to his employer,” he said.

The prosecutor said the offence contravened Section 390 (9) of the Criminal Code, Law of Ogun, 2006. (

Peter Okafor
Peter Okafor
Peter Okafor Financial Journalist | Editor | Contributor Overview: Peter Okafor is a seasoned Financial Journalist, astute Editor, and valued Contributor at Naija247news Media Group. With an unwavering passion for dissecting complex financial landscapes, Peter has become a trusted name in delivering incisive and insightful coverage of economic events, market trends, and corporate dynamics. Professional Journey Peter's journey in financial journalism has been marked by a commitment to excellence. Joining the ranks of Naija247news, he has consistently demonstrated a keen understanding of the intricate interplay between finance and the global socio-economic fabric. Expertise: Specializing in financial markets, economic analyses, and business developments, Peter Okafor has honed his expertise over the years. His ability to unravel intricate financial narratives and present them in a comprehensible manner sets him apart in the world of financial journalism. Contributions As an Editor and Contributor, Peter has played a pivotal role in shaping the narrative of Naija247news. His contributions extend to thought-provoking articles, in-depth market analyses, and coverage of key events that impact the financial landscape. Educational Background: Peter holds a degree in Journalism, complemented by specialized courses in Finance and Business Reporting. His educational foundation has provided him with the tools to navigate the intricate world of financial journalism. Innovation and Adaptability: In an era of evolving media landscapes, Peter Okafor exemplifies innovation and adaptability. Leveraging digital platforms and emerging technologies, he ensures that financial insights reach a diverse audience, fostering financial literacy and awareness. Awards and Recognition: Peter's commitment to journalistic excellence has not gone unnoticed. He has been the recipient of several awards, recognizing his outstanding contributions to the field of financial journalism. Vision for the Future: Looking ahead, Peter Okafor envisions a future where financial journalism continues to empower individuals, shape economic policies, and drive positive change. His dedication to staying at the forefront of financial news underscores his commitment to this vision. Connect with Peter Okafor: - LinkedIn: [Peter Okafor](#) - Twitter: [@PeterOkafor_N247](#) In the dynamic realm of financial journalism, Peter Okafor stands as a stalwart, combining experience, expertise, and a forward-looking vision to illuminate the path of financial understanding for a global audience.

Share post:



More like this

Federal Government Shuts Down Illegal Gold Mine in Kogi State

The Federal Government has closed an illegal gold mining...

NNPC Report Reveals 20% Stake in Dangote Refinery, Contradicting Dangote’s 7% Claim

The Nigerian National Petroleum Corporation Limited (NNPCL) has disclosed...

Adigun: Nigeria Not Obligated to Supply Crude for Dangote Refinery

Ademola Adigun, an oil and gas expert, stated that...

Dangote’s Call for Suspension of Diesel and Aviation Fuel Imports, Sparks Monopoly Concerns

Aliko Dangote has requested that Nigeria halt imports of...
× How can I help you?