A 62-year-old man, Charles Ejem, on Monday appeared before an Ejigbo Magistrates’ Court, Lagos for allegedly selling a Honda Accord car worth N3.5 million.
The defendant, who took the car under the guise of repairing it, sold it and converted the proceeds to his personal use.
The defendant, whose residential address was not provided, is standing trial on a two-count charge of stealing and conduct likely to cause breach of the peace.
He pleaded not guilty to the two counts preferred against him by the police.
The prosecutor, ASP Benedict Aigbokhan, told the court that the defendant committed the offence sometime in 2012, at No 40, Mackzoni St., Isheri Oshun, Lagos.
According to him, the defendant fraudulently took a Honda Accord car with registration No. TG 862 KJA for repairs but sold the car and converted the proceeds to his own use.
He said that the Honda Accord car was valued at N3.5 million and belonged to one Oliver Okereke.
The prosecutor said the offences contravened Sections 168(d) and 287 of the Criminal Law of Lagos State, 2015.
The Magistrate, Miss K. A. Ariyo, granted him bail in the sum of N1 million with two sureties in like sum.
She ordered that the sureties must be gainfully employed while one of them should be a blood relative of the defendant.
Ariyo also ordered that the sureties must show evidence of tax payments to the Lagos State Government.
She adjourned the case until Sept. 6 for mention. (NAN)