Kaduna Court Remands Sales Reps Over ₦7.6 Million Company Funds Theft

In a developing legal case, a Magistrates’ Court sitting in Kaduna has ordered the remand of two sales representatives, Timothy James, aged 27, and Daniel Williams, aged 32, over allegations of embezzling ₦7.6 million from their employer.

The accused individuals, both of whom reside in Barnawa, Kaduna State, were arraigned on charges of criminal conspiracy and theft. They denied the charges during their court appearance.

Magistrate Ibrahim Emmanuel, presiding over the case, directed that the defendants be held in a correctional facility. The matter was postponed until May 26 for a formal decision on their bail applications.

Details of the Alleged Offence

According to court documents and statements presented by Inspector Chidi Leo, the lead prosecutor, the case originated from a complaint made by Michael Aaron, the owner of AA Aluminium and Steels, situated along Ahmadu Bello Way in Kaduna.

Inspector Leo explained that on March 14, the defendants, alongside unidentified accomplices who are still at large, allegedly colluded to misappropriate a total of ₦7.6 million. The amount reportedly represents proceeds from sales made on behalf of the company, which the accused converted for personal use.

Legal Implications

The offences, which fall under Sections 58 and 217 of the Kaduna State Penal Code (2017), carry significant penalties. Section 58 stipulates a two-year prison sentence for conspiracy, while Section 217 mandates a five-year imprisonment for theft, upon conviction.

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For a better understanding of Nigerian criminal law and penal procedures, refer to this comprehensive guide by International Centre for Nigerian Law.