A 44-year old man, Clement Bamidele, was on Friday, arraigned before an Iyaganku Chief Magistrates’ Court, over alleged theft of N6.7 million belonging to his employer.
Bamidele, a sales representative whose address was not given, is being charged with stealing, to which pleaded not guilty.
The Prosecutor, Sgt. Akeem Akinloye alleged that Bamidele, a sales representative to Carrot Top Drugs Company, stole proceeds from sales of drugs amounting to N6.7 million.
Akinloye also said that the defendant fraudulently converted the money to his personal use instead of remitting it to employers account.
He said that the defendant committed the offence between July 2024 and February 2025 at the firm’s premises in Ibadan.
The prosecutor further said that the offence contravened Section 383 and 390 (9) of the Criminal Code Laws of Oyo State, 2000.
The Defence Counsel, Adesayo Adaralegbe prayed the court to admit the defendant to bail in the most liberal terms.
The Chief Magistrate, Mrs Olabisi Ogunkanmi, admitted the defendant to bail in the sum of N2.5million, with two sureties in like sum.
Ogunkanmi said that one of the sureties must own a landed property within the court’s jurisdiction, and that the second sureties should be a blood relation to the defendant.
She adjourned the matter until March 3, 2026, for hearing.
