A 38-year-old man, Tunde Bayo was on Wednesday docked in a Kaduna Magistrates’ Court for allegedly stealing aluminum steel worth N4.2million belonging to his employer.
By Patience Yakubu
A 38-year-old man, Tunde Bayo was on Wednesday docked in a Kaduna Magistrates’ Court for allegedly stealing aluminum steel worth N4.2million belonging to his employer.
The Prosecution Counsel, Insp Chidi Leo, told the court that on July 3, Mr Nathan Hillary of Jetco Aluminium Company in Kaduna reported the case.
According to the prosecutor, the defendant and two other company staff, now at large on June 29, stole some of the company’s aluminum steel worth N4.2 million.
Leo said the defendant was arrested during investigation and he confessed to the crime.
The offences, he said contravened the provisions of sections 58 and 217 of the Penal Code of Kaduna State, 2017.
Section 58 stipulates three years imprisonment for conspiracy while Section 217 stipulates seven years imprisonment for stealing if found guilty.
The defendant pleaded not guilty to the charge.
Magistrate Ibrahim Emmanuel admitted the defendant to bail in the sun of N500,000 with two sureties in like sum.
Emmanuel said the sureties must produce evidence of three years tax payment to the Kaduna State Government.
He also ordered dthat the sureites must produce genuine means of livelihood, be a resident of Kaduna State and should have their addresses verified by the court’s registrar.
He adjourned the case until Aug. 12 for hearing.(NAN)(www.nannews.ng)