The Police yesterday arraigned a 40-year-old man, Adeoti Adebukola, in an Osogbo Magistrates’ Court for breach of trust and theft.
The prosecutor, ASP Mireti Wilson, told the court that the accused committed the offence on July 25, 2012 at about noon in Osogbo.
“The accused collected the sum of N500, 000 from one Oluwole Ajobo with promise to pay back within a stipulated time.
“The accused however failed to comply with the agreement reached with the complainant; rather, he ran away until he was finally apprehended by the police.
“The accused committed a two-count charge of breach of trust and theft,’’ Wilson said.
The prosecutor said the offences committed contravened sections 383 and 419, punishable under Section 390(9) of the criminal code cap 34, Vol. 11 Laws of Osun, 2003.
The counsel to the accused, Mr. Owelo Francis, prayed the court to grant his client bail in the most Liberal terms.
The presiding Magistrate, Halimatu Olowolagba, granted the accused bail in the sum of N1 million and two sureties in like sum.
Olowolagba said the sureties must be resident within the court’s jurisdiction and submit to the court evidence of tax payment, two passport photographs and an affidavit of means.
She said one of the sureties must be worker in the judicial sector and the other, a close relative who’s addressed must be verified by the Police.
Olowolagba adjourned hearing in the case until July 31. (NAN)