Ruling on the bail application of the accused, the Chief Magistrate granted the accused bail in the sum of N300,000 and two sureties in like sum.
A 39-year-old marketer, Nicholas Uzomba, was on Monday charged with stealing a company’s products worth N1.6 million at an Ikeja Magistrates’ Court.
Uzomba, who lives in Surulere area of Lagos, is facing a three-count charge of false pretences, fraud and stealing.
He, however, pleaded not guilty to the charges.
But the Police Prosecutor Simeon Imhonwa told the court that the accused committed the offences sometime in August 2016 at No. 24, Odetola St., Surulere.
He alleged that the accused obtained property worth N1.6 million from Aurum Group of Companies owned by the complainant, Mrs Maurice Etim, on the pretext of promoting the products.
Imhonwa also said that the accused also collected an EcoBank cheque for N300,000 from the complainant for logistics in promoting the products using his company — Buzz Technic Consult Ltd.
“Uzomba sold the products and converted the money to personal use and absconded; efforts to reach him on phone were unsuccessful.
“He was, however, apprehended by the police.”
The offences contravened Sections 285, 312 and 409 of the Criminal Law of Lagos State, 2011.
The News Agency of Nigeria (NAN) reports that Section 285 prescribes three years imprisonment for stealing, while Section 312 provides seven years for false pretences.
Ruling on the bail application of the accused, the Chief Magistrate, Mrs B.O. Osunsanmi, granted the accused bail in the sum of N300,000 and two sureties in like sum.
She adjourned the case until June 26 for mention.
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