Trasurer to the Residential Association, Omole Phase 2, Lekan Somorin, has been arraigned before an Ikeja Chief Magistrates Bolanle Osunsanmi over alleged theft of N9.5 million.
Somorin, a resides at Omole Phase 2, Olowora, Lagos, was arraigned on a two-count charge of forgery and theft.
According to the prosecutor, Insp. Benson Emuerhi, the accused committed the offence between March 2016 and Nov. 2017 at Omole Phase 2 Residential Association C.D.A office, Lagos.
Emuerhi said that the defendant stole the money and falsified the association’s account records.
“When he was asked about the N9.5 million, he could not give any satisfactory explanation on how the money got missing.
“All efforts made by the complainant to get the accused to refund the money proved abortive,” he said.
The prosecutor also said the offences contravenes Sections 287 and 337 of the Criminal Law of Lagos State.
The accused, however, pleaded not guilty to the charge.
In her ruling, the Magistrate Osunsanmi, granted the accused bail of N1 million with two sureties in like sum.
Osunsanmi said that the sureties should be gainfully employed and show evidence of two years tax payment to the Lagos State Government.
The matter was thereafter adjourned till May 31, 2018.