The police in Ibadan on Friday arraigned Ayodeji Arowojolu, a 32-year-old Credit Officer at Pathway Support and Empowerment, Impact Initiative Company, Oke-Ado, Ibadan, for alleged fraud.
The defendant appeared before a Grade A Customary Court on a two-count charge of cheating and stealing.
He, however, pleaded not guilty.
The prosecutor, Mr Philip Amusan, told the court that the defendant committed the offences in July and August at the aforementioned company.
Amusan said that Arowojolu fraudulently obtained N246, 700 from the company’s customers on the pretext to remit the money to the company’s account, but failed to do so.
He said that the defendant converted the money to his personal use, in contravention of Sections 421 and 390(9) of the Criminal Laws of Oyo State, 2000.
The Court President, Mrs Sukurat Yusuf, granted the defendant bail in the sum of N250, 000 with two sureties in like sum.
She adjourned the case until Oct. 25 for hearing.
