A 26-year old motor-boy, Lawal Ibrahim was on Wednesday arraigned before Apapa Magistrates court for illegally converting the sum of N922, 000 belonging to a company; Supabet Nigeria Limited, to his personal use.
The defendant, Lawal, is facing a one count charge bordering on illegal conversion of fund to his personal use.
The Prosecutor, Inspector Babatunde Julius, told the court that the defendant committed the offence on the 2nd day of August 2019 at about 1620hours at No 35 Baale Street, Ajegunle, Apapa Lagos.
He said: “The defendant converted the total sum of N922, 075.00 belonging to Superbet Nigeria Limited to your own personal use”
Inspector Babatunde said that the offence is contrary to section 280 and punishable under section 287(7) of the Criminal Laws of Lagos state 2015.
The defendant, Lawal denied committing the offnce brought against him.
Magistrate Iyabo Ayilara granted him bail in the sum of N100, 000 with two sureties in like sum.
The case was adjourned till 26th of August 2019 for mention.