Two men, Vincent Ebuka and John Nwachukwu, were on Wednesday brought before a Badagry Chief Magistrates’ Court, Lagos for allegedly stealing lubricant worth N14 million.
Ebuka, 24, and Nwachukwu, 25, whose addresses were not given, are being charged with stealing and receiving stolen property.
The Prosecutor, ASP Ikem Uko, told the court that the defendants committed the offences between November 2021 and May 2023 at Favour Plaza, Aspamda Trade Fair Complex, Lagos.
Uko said Ebuka stole different types of lubricant valued at N14 million while working as a sales representative with Great Ade De Young Enterprises, a firm owned by the complainant, Lateef Adeleke.
He said Nwachukwu received the stolen lubricant from Ebuka knowing that they were stolen.
The prosecutor said the offences contravened Sections 411, 287, and 328 of the Criminal Law of Lagos, 2015.
The defendants pleaded not guilty to the charge.
The Chief Magistrate, Patrick Adekomaiya, granted the defendants bail in the sum of N500,000 each, with two sureties in like sum.
Adekomaiya said one of the sureties must be gainfully employed in a reputable organisation based in Lagos.
The Chief Magistrate adjourned the case until July 26, for mention.
