Three friends were on Friday arraigned before a Tinubu Chief Magistrates Court, for allegedly stealing cartons of weaving thread worth N100 million.
Police prosecutor, Hafsat Ajibode, told the court that the accused conspired to steal the weaving thread from one Rashidat Abiola-Juniad.
Ajibode said Abode, who was a salesman in one of the Abiola-Junaid’s shops, stole the weaving thread and gave them to Olowoeyo to sell.
“Olowoeyo, a habitual criminal who is facing a similar charge in this same court, lures sales boys and girls into stealing their employers’ goods for him to sell and, in turn, give them a stipend,” the prosecutor said.
“The complainant discovered that goods worth that huge amount were missing while she was taking stock, and threatened to get all her employees arrested.
“Abode confessed to involvement and led the police to his accomplices”.
Ajibode, told the court that the trio committed the offences sometime in 2017 at No. 40, Idumagbo Ave., Lagos Island. She said that the offences contravened Sections 287, 411 and 412 of the Criminal Laws of Lagos State, 2015.
The suspects pleaded “not guilty” to the two-count charge of conspiracy and stealing preferred against them.
According to PM news, presiding magistrate, identified only as Elias, granted each of the accused N500, 000 bail, with two sureties each in like sum. He ordered that the sureties must be gainfully employed and must be a relative of the accused.
The case was adjourned till August 16, 2018, for mention.