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Accountant lands in prison over alleged N20m fraud

Published on September 15, 2015 by   ·   No Comments

Paul Iyoghojie


Operatives of the Police Special Fraud Unit, PSFU, Milvertaon Road, Ikoyi, Lagos, western Nigeria, have arraigned a former accountant with Reckitt Benkiser Limited, Okunubi Adeyemi Muftau, for allegedly defrauding his former employer of the sum of N20,037,150 with false voucher payments.

The accused, a resident of Egbeda area of Lagos State, was on Tuesday arraigned before an Igbosere magistrates’ court, Lagos on an eight-count charge of felony to wit, stealing.

Also charged with him for the same offence was Adelakun Tajudeen now at large.

The police prosecutor, Inspector Adoga Amedu, informed the court in charge No.O/26/2015 that the accused and his accomplice committed the offence while still working as an accountant with Reckitt Benkiser Limited.

Amedu told the court that the accused stole the sum of N20,037,150 belonging to his employer with false payment of vouchers and forged documents.

He said the management of Reckitt Benkiser discovered the fraud when they audited their account and subsequently sacked the accused persons.

He noted that the offences the accused persons committed are punishable under sections 285(8) and 363(3)(h)(i) of the criminal laws of Lags State, 2011.

The accused, however, denied the police allegations in the open court and magistrate Mrs. Adepoju admitted the accused on bail in the sum of N250,000 with three sureties in like sum who must have proof of two years tax payment to Lagos State government.

Adepoju adjourned the case till 29 October, 2015 for mention and the defendant was taken to Ikoyi prisons, Lagos pending when he will fulfill his bail conditions.

Posted by on September 15, 2015, 8:49 pm. Filed under Judiciary, Metro, News.
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