- Agency Report
A 43-year-old man, Nurudeen Babatola, on Thursday appeared before an Ikeja Magistrates’ Court over an alleged theft of sugar valued at N62.1 million.
Babatola is standing trial on a two-count charge of conspiracy and stealing.
The prosecutor, Supol Josephine Khatere, told the court that the defendant and two others, now at large, committed the offences between Jan. 18 and Jan. 20 at No. 4B, Regina Coker St., off Kofoworola, Ikeja.
According to her, the defendant conspired with others and stole quantities from 888 bags of sugar, valued at N62.16 million, belonging to GPC Energy and Logistics Ltd.
She added that the act rendered the goods unmarketable and led to rejection by customers.
The prosecutor said the offences contravened Sections 287(7) and 411 of the Criminal Law of Lagos State, 2015.
The defendant pleaded not guilty to the charges.
The Magistrate, Mr L. A. Owolabi, granted him bail in the sum of N800,000 with two sureties in like sum, subject to tax clearance and verification through the Bail Information Management System (BIMS).
The case was adjourned until March 11 for mention. NAN