Man forges company name to steal N.6m in Apapa

arrested man with handcuff
Illustrative picture. PHOTO CREDIT: Newslocker

A 31-year-old man, identified as Kehinde Muyiwa, was on Friday arraigned before an Apapa Magistrate’s Court for allegedly stealing N600,000 by forging the name of a company in Apapa.

Muyiwa is facing a two-count charge of stealing and forgery.

The prosecutor, Sergeant Friday Inedu, told the court that the defendant committed the offences sometimes in February 2018 at Apapa.

“The defendant conspired together with others at large to forge the name of Safinaeine Nigeria Ltd and used the identity card to open FCMB bank account and used same to steal the sum of N600,000 property of Safinaeine Nigeria Ltd,” Inedu said.

The prosecutor said the offences are punishable under sections 411, 287 and 365 of the Criminal Law of Lagos State of Nigeria 2015.

The defendant pleaded not guilty to the charges.

Magistrate Temitope Babalola granted him bail in the sum of N100,000 with two sureties each in like sum.

The sureties are required to furnish the court with evidence of three years tax payment to Lagos State Government.

He adjourned the case till August 12, 2019 for mention.