Sales Manager Sent To Prison For Stealing Employer’s goods worth N17.2M.

One 38 year old Nduka Udachi Brown, a sales Manager with the  Geneith Pharmaceutical Company located at 12, Adewole Crescent, Oshodi Lagos, has been arrested and arraigned before a Lagos Magistrates Court for allegedly stealing the sum of N17,243,268 he realised from the sales of the goods belonging to his employer instead of remitting the money into their account.

A police source alleged that the accused was ordered arrested by the
Assistant Inspector General of Police AIG in charge of Zone Command,
Lagos following a complainant by the management of Geneith
Pharmaceutical company that they entrusted goods valued at N17,245,268
in the care of the accused to sell and remit the proceeds  into their
account but that the accused sold the goods  and allegedly converted
the money to his use.

The accused was charged before the Igbosere Magistrate Court on a four
count of obtaining goods by false pretence, stealing and conduct
likely to cause breach of the peace.

Police counsel, Reuben Solomon informed the court in charge No:
H/22/2019 that the accused committed the offences in September, 2011
at oshodi, Lagos.

Solomon told the court that the management of Generith Pharmaceutical
Company entrusted goods worth N17,243,268 in the care of the accused
to sell and remit the money into their account,  but that the accused
sold the goods and converted the proceeds to his use.

He said that the complainant uncovered the alleged fraud when they
took stocks of the goods in their warehouse.

Solomon said the offences committed were punishable under Section 411,
314 (a) (b), 287 (1) and 168 (d) of the criminal Law of Lagos State,
2015.

The accused, however, pleaded not guilty to the alleged offences in
the open court and Magistrate A.M Davies granted him bail in the sum
of N1M with two sureties in like sum.

Davies adjourned the case till 20 July, 2019 for mention and ordered
that the defendant be remanded in prison custody till he perfected the
bail conditions