30th November, 2024
By Paul Iyoghojie
Three employees of AP Logistics Limited have been arraigned by the Force Criminal Investigation Department (FCID), Alagbon, Lagos, for allegedly misappropriating diesel worth N15,527,200 entrusted to them by their employer.
The suspects, Samson Olaosebikan (39), Babatunde Braimoh (38), and Ahmed Lawal (31), were accused of converting the proceeds from the sale of 2,160 litres of diesel to personal use and fleeing afterward.
According to the police, Olajumobi Orioye, representing the management of AP Logistics Limited, had assigned the defendants to sell the diesel and remit the proceeds to the company’s account.
However, upon discovering the alleged fraud, the company lodged a petition with the FCID, prompting an investigation led by ASP Aliyu Yusuf and his team.
Following their arrest, the defendants were charged before the Igbosere Magistrate’s Court, sitting at the Tinubu Magistrate’s Court, Lagos Island, on a two-count charge of conspiracy and stealing.
Police prosecutor S.A. Ogala informed the court that the alleged offences, committed between August and October 2024 at 343 Bornu Way, Alagomeji, Yaba, Lagos, violated Sections 411 and 287(7) of the Criminal Law of Lagos State, 2015.
The defendants pleaded not guilty, and Chief Magistrate B.A. Sonuga granted them bail of N500,000 each, with two sureties in like sum.
The court ordered their remand at the Ikoyi Correctional Facility until their bail conditions are met and adjourned the case for further hearing.
