Accountant Arraigned For Allegedly Defrauding Employer Of N37,799m

A 38-year-old accountant with Chisco Group of Companies, Awa Eke, was yesterday arraigned before a Lagos Magistrate Court, sitting in Igbosere for allegedly stealing N37 799,118:50

The defendant, of no fixed address, is facing a three-count charge bordering on conspiracy, fraud, and stealing, preferred against him by the police before Magistrate Mrs. O.O Oshin.

Prosecuting Insp. Edward Abiodun told the court that the defendant and others at large committed the alleged offenses between the month of March 2018 and December 2019 place at Chisco Group of Companies, Lagos.

Insp. Abiodun said Eke, fraudulently defrauded the companies to the tune of N37,799, 118.50, while he was an accountant with Chisco Group of Companies.

According to the prosecutor, the offenses committed are punishable under Sections 411, 325 and 287 of the criminal law of Lagos state 2015.

The defendant pleaded not guilty.

Magistrate Oshin, granted him bail in the sum of N500,000, with two sureties in like sum.

She said that the sureties must show evidence of tax payment to the Lagos state government and have their addresses verified.

She adjourned the case until April 21.