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Real estate agent in court for alleged theft of N1.25m

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Toluwa Jegede, a real estate agent, appeared Tuesday before an Ikeja magistrates court for allegedly stealing N1.25 million from the woman who was running his home.

Latest Nigeria Newspaper report  that the 39-year-old man is a resident of number 2 on Oke Awawu Street, on Ajayi Street, Ogba in Lagos. He is accused of theft, but pleaded not guilty.

The prosecutor, ASP Akeem Raji, told the court that the defendant allegedly stole the sum of N1.25 million from Ms. Abigael Awosikude by not remitting the rent of the house she received from her tenants.

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“The defendant committed the crime sometime in 2017 in Oko Oba, Abule Egba, a suburb of Lagos.

“The plaintiff employed the defendant as her real estate agent to manage her house located at 14 Mosoku Street, Oko Oba in Agege.

“The defendant raised a total sum of N1.25 million from all tenants and turned the money into his personal use.

“All attempts made to recover the defendant’s money were useless.

“The alleged crime violates Section 287 (7) of the Criminal Laws of the State of Lagos 2015 (reviewed).

The chief magistrate, Ms. A.O. Olayinka granted the defendant a bond of N200,000 with two guarantees in the same amount.

Olayinka ruled that the bond should be used in a remunerated manner with evidence of two years of payment of taxes to the Government of the State of Lagos and that the court verify their addresses.

She said the guarantee must be related to the defendant for blood and reside within the jurisdiction of the court.

Latest Nigeria Newspaper report  that reports that stealing from an employer attracts seven years in prison for criminals if they are found guilty. The Magistrate, however, postponed the case until September 18 to mention it.