A 23-year-old sales manager, Youssef Khalil, was on Tuesday arraigned in Lagos for allegedly stealing N30 million from his employer.
The defendant, who resides at 34, Omodara St., Awuse Estate, Ikeja, is facing charges of conspiracy and stealing.
He, however, pleaded not guilty before an Ikeja Chief Magistrates’ Court.
The prosecutor, ASP Raji Akeem, told the court that the sales manager committed the offences from November 2021 to November 2022 at Mehdi Global Services, Allen Avenue, Ikeja.
Akeem said that the defendant and others at large diverted the proceeds of sales they made for their employer.
Akeem said that when the company’s account was audited, it was discovered that N30 million was missing from them.
The prosecutor also said that the defendant could not give a satisfactory account of the missing money.
The alleged offences contravene Sections 287 and 411 of the Criminal Law of Lagos State, 2015.
The Chief Magistrate, Mrs B. O. Osunsanmi, granted the defendant bail in the sum of two million Naira with two sureties in like sum.
Osunsanmi adjourned the case until April 3 for mention. (NAN)