Salesman allegedly diverts company’s N1.6m, faces prosecution

Date:

Lagos, Oct 17, 2023.

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

A 19-year-old man, Chisom Olisa, was, on Tuesday, arraigned before an Ojo Magistrates’ Court in Lagos for allegedly diverting the sale proceeds of a company to his own use.

The defendant is standing trial on a count charge bordering on stealing.

He, however, pleaded not guilty to the charge.

The Prosecutor, Dr Simon Uche, told the court that the defendant committed the offence on Sept. 26 at Osun Plaza, Trade Fair complex in Ojo area of the state.

Uche said that the defendant stole the amount, being a sales representative of Nony Gold Cosmetics Company.

He said that the money was given to the defendant to deposit in the company’s account, but he never did.

The prosecutor also said that the money was the property of one Mr Ojukwu Mercillina.

The offence, according to him, contravenes the provisions of Section 287 of the Criminal Law of Lagos State, 2015.

The Magistrate, L.K.J. Layeni, granted the defendant bail in the sum of N500,000, with two sureties in like sum

He adjourned the case till Nov. 15 for trial. (www.naija247news.com)

Peter Okafor
Peter Okaforhttp://Naija247news.com
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:

Subscribe

Popular

More like this
Related

”How Hollywood Made Me Feel Like a Commodity – Genevieve Nnaji

June 19, 2024. Azonuchechi Chukwu. Genevieve Nnaji has shared what she...

Police arrest airport taxi passenger for attempted car snatching

June 19, 2024. Azonuchechi Chukwu. The Police Command in Lagos State...

Agric experts outline solutions to rising food inflation

June 19, 2024. Azonuchechi Chukwu. Some agriculture experts have proffered solutions...

Nigeria spends $600m annually on palm oil importation

June 19, 2024. Azonuchechi Chukwu. The National Palm Produce Association of...
× How can I help you?