A 37-year-old chief executive officer of a marketing firm, King Mofolorunsho, has been taken before an Igbosere Magistrate’s Court for allegedly stealing and forging documents to defraud a company of N42m.
He was said to have forged a Memorandum of Understanding and other documents belonging to Wakanow.Com and the Bi-Courtney Aviation Services Limited.
Mofolorunsho also allegedly converted the sum of N42m belonging to Wakanow.
The defendant was arraigned by the Police Special Fraud Unit on three counts of stealing, forgery and conversion.
The charges read in part, “That you, King Mofolorunsho, Chief Executive Officer, Intuitive Marketing Limited, sometimes in November 2010, at Lagos in the Lagos Magisterial District did conspire with others now at large to commit felony, to wit; stealing and forgery.
“That you, Mofolorunsho and others now at large, did forge Memorandum of Understanding, and other documents between Wakanow.com Limited and Bi-Courtney Aviation Services Limited to defraud Wakanow Company Limited to the tune of N42m.”
The Prosecutor, Idowu Oshungbare said the offences were punisable under Section 409, 383 and 285 of the Criminal Law of Lagos State, Nigeria, 2011.
The defendant said he was not guilty of the charges and elected summary trial.
The Magistrate, Mr J.A Adegun admitted him to bail in the sum of N1m with two sureties each in like sum.
“The sureties must be gainfully employed and be property owners. They should provide evidence of three years tax payment with affidavit of means. They should also be resident in Lagos State,” he added.
The matter was adjourned till November 29.
Copyright PUNCH.
No comments:
Post a Comment