Five men were on Friday docked at a Sango- Ota Magistrates’ Court in Ogun for allegedly defrauding a company of N2 million.
The accused of no known addresses are Mudashiru Kazeem, 42; Musiliyu Are, 42; Shittu Jelili, 45; Bashiru Agboola, 42; and Opabola Abiola, 37.
They are facing a three-count charge of conspiracy, stealing and obtaining money under false pretences.
The Prosecutor, Sgt. Abdulkareem Mustapha, told the court that the accused committed the offences sometime in May, 2017, at Lioyds Industrial Limited at Ota, Ogun.
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Mustapha said that the accused conspired to obtain N2 million from Lioyds Industrial Limited on the pretext of supplying aluminum scraps to the company.
He said that the offences contravened Sections 390(9), 419 and 516 of the Criminal Code, Laws of Ogun, 2006.
The five men, however, denied commission of the crime.
The Chief Magistrate, Mrs B. B. Adebowale, granted each of the accused N500,000 bail with two sureties each in like sum.
Adebowale said that the sureties must reside within the court’s jurisdiction and swear to affidavit of means.
She also ordered that the sureties should show evidence of two years tax payment to Ogun Government and submit four recent passport photographs to the court.
The case was adjourned until March 5 for hearing.
