The police on Friday, charged a 39-year-old man Gbenga Akinseye, before an Iyaganku Magistrates’ Court in Ibadan, over alleged N8.9 million fraud.
Akinseye, who worked as employee of a company called Black Horse Tobacco Company, is standing trial on a three-count charge of conspiracy, obtaining goods by false pretence and stealing.
He, however, pleaded not guilty to the charges.
The prosecutor, ASP Olagoke Adegbenro alleged that the defendant committed the offences between July and October, at Black Horse Tobacco Company, Bodija, Ibadan.
Adegbenro alleged that the defendant, being a sales representative of the company, fraudulently obtained goods, cigarettes and other Tobacco products worth N8.9 million from the company.
He alleged that the defendant converted the goods to his personal use, without remitting payment for same.
The prosecutor told the court that the defendant was eventually arrested by the police.
The offences contravene the provisions of to sections 383, 419, and 516 of the Criminal Law of Oyo State, 2000.
The Magistrate, Mrs Olasinmibo Sanusi granted the defendant bail in the sum of one million naira with two sureties in like sum.
Among other terms, the court ordered that two of the sureties must be biological parents of the defendant.
She adjourned the case until Nov.15, for hearing.
