- Eight men on Monday appeared in a Yaba Chief Magistrates’ Court for allegedly stealing 121 bags of PVC materials worth N102.5 million.
The police charged Benjamin Effiong, 30; Giwa Olayemi, 30; Michael Igbudu, 30; Ranti Akinola, 32; Sunday Elien, 32; Opeyemi Abidemi, 31; Benjamin Akachukwu, 20; and Azeez Alao, 40 with conspiracy and theft, EkohotBlog reports.
The Prosecution Counsel, ASP Rita Momah intimated to the court that the defendants committed the offense around August, at Yuntay Plastics and Technologies, 48/50, Alimosho Road, Alaguntan, Iyana Ipaja.
She established that the defendants stole 121 bags of PVC raw chemical materials worth N102.5 million.
She said the offense contravened the provisions of sections 285 and 411 of the Criminal Law of Lagos State, 2015.
The Chief Magistrate, Mrs. Adeola Adedayo granted the defendants bail in the sum of N5 million with two sureties each in like sum with proof of tax payment to the State government for the last three years.
The case was adjourned till Oct. 10.
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