Police arraign director, lawyer over alleged theft of N1bn

FORMER Managing Director of an aviation fueling company, Star Orient Nigeria Limited, Dare Osamo, a lawyer and one other were, on yesterday, arraigned before a Lagos magistrates’ court sitting in Yaba for alleged theft of N1 billion.

The defendants, Osamo, Ayoola Olore Abisola, 30 and Hussaina Abdulkadir, 32 were docked before Magistrate ( Mrs) A. A Oshiniyi on four- count charges bordering on forgery and stealing by the Nigeria Police Force, Zone 2 Command, Onikan,

Lagos.

At the resumption of the proceedings, the prosecutor, Jimoh Joseph, informed that he had been under investigation for eighteen months before they were brought before the court following the DPP’S advice, which says they have a case to answer.

When the charge was read to the defendants, they pleaded not guilty to the charges. Following their not- guilty pleas, Magistrate Oshuniyi granted them bail in the sum of N5 million with two responsible sureties in like sum and one of them must be blood relative.

She further ordered that the sureties must be gainfully employed, provide details of their residential addresses and evidence of tax payment to the state. Earlier in their allocutus, counsel for the first to third defendants, Messers O. T Adebayo, Adejo, Mordecia prayed the court to grant them bail on liberal terms, saying that they had never missed appointments with the police and Economic and Financial Crimes Commission ( EFCC) during the period of investigation.