Saturday, 05 October, 2024

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Court Jails Cashier 5 Years For Stealing N64m From Employer


The Lagos State High Court sitting in Ikeja has sentenced cashier, Tunde Abdulramon, to five years’ imprisonment for his employer’s N64,420,900 to marry a new wife and also for opening the same kind of his employer’s business for his new wife.

Justice Raliat Adebiyi who handed down the sentence also ordered the convict to make restitution by returning all the properties he bought while in his employer’s establishment and also the money that he stole.

The convict was arraigned on August 19, 2013, on 11 counts which bordered on stealing and fraudulent false accounting, preferred against him by the Economic and Financial Crimes Commission.

The offences committed contravened Sections 390 and 335 (d) of the criminal laws of Lagos State 2003.

Abdulramon’s duty as the cashier of Prime Grocers International Limited, a company selling wholesale and retail consumer goods located in the Oke Arin area of Lagos State, was to collect payments for invoices raised by sales representatives from customers, document them in his cash register and then lodge monies collected into the company’s designated bank account.

The convict, instead, was accused of deleting the invoices and diverting large sums of money paid by customers and lodgers until the company’s managing director discovered the fraud in 2012 after an audit of the computer software was collected following a tip-off that the convict had been deleting invoices.

Credit: The Nigeria Lawyer

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