Employee lands in jail for defrauding company of N5.5m

Man in prison hands of behind hold Steel cage jail bars. offender criminal locked in jail.

Uba Group


A 25-year-old woman, Tosin Olatunbosun, has landed in the Ilesa Correctional Centre in Osun State for allegedly defrauding her employer to the tune of N5.5 million.

Olatunbosun was said to have committed the offence under the guise of disbursing the money to some customers of the Bright Hope Multipurpose Nigeria Limited where she worked as a staff.

It was gathered that the young woman, who was dragged before a Magistrate’s Court in Osogbo over allegations of fraud, forgery and stealing, had been sacked by the company as a result of her alleged misconduct.

The police prosecutor, Inspector Kayode Adeoye, told the court that Olatunbosun converted the company’s money to her own use after being directed to disburse same to some clients.

Adeoye said that the accused person committed the crime between February and October, 2021 at Bright Hope Multipurpose Nigeria Limited, Alekuwodo, Osogbo.

Olatunbosun allegedly forged the company’s documents contrary to and punishable under sections 467 and 491(A) of the Criminal Code CAP 34 Volume Il, Laws of Osun State of Nigeria, 2002.

Her offence also contravened sections 383, and punishable under Section 390(9) of the Criminal Code CAP 34 Volume II Laws of Osun.

The defendant, however, pleaded not guilty to the charges.

The prosecutor objected to the oral bail application by the defence counsel, Okobe Najite, on the grounds that the accused person may abuse the privilege if granted.

Magistrate A.K. Ajala discountenanced the prosecution’s objection and granted Olatunbosun bail in the sum of N2 million with one surety in the same amount.

The magistrate stated that the surety must have verifiable address within Osogbo and must possess a means of identification.

Olatunbosun could not meet the bail conditions. She was taken to the Ilesa Correctional Centre.

The case was adjourned till December 8 for mention.