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NEWS and REPORTS => Nigerian News => Topic started by: Shola Sholaz on Aug 15, 2013, 10:49 AM

Title: ASCON Oil Manager Arrested Over Alleged N34.3m Theft
Post by: Shola Sholaz on Aug 15, 2013, 10:49 AM
A 49- year-old station manager of ASCON Company Ltd, Scott Irikpen, was yesterday arraigned before an Ikeja Magistrate's Court, for allegedly stealing N34.3 million from the company. Irikpen, who is facing a two-count charge of fraud and stealing, preferred against him by the police, was docked before Magistrate Eniola Fabamwo.
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The Police prosecutor, Assistant Superintendent Barth Nwaokoye, told the court that the defendant committed the offence between June and July 2013, at the station located at Owode, along Lagos/Badagry Expressway, Lagos.
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He said the defendant stole N34.3 million being the value of cumulative proceeds of 336,710 litres of petroleum product supplied to the filling station.
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Nwaokoye also claimed that the defendant did not remit the said sum into the company's account for the product he sold.
Title: Re: ASCON Oil Manager Arrested Over Alleged N34.3m Theft
Post by: Folami David on Aug 15, 2013, 11:21 PM
Theft is a serious offence in Nigeria so whoever engages in it deserves every form of punishment they person can get. Good one.