A 46-year-old Polytechnic lecturer, Mr Popoola Waheed, was on Wednesday arraigned before an Iwo-Road, Ibadan Chief Magistrates’ Court, for alleged forgery and theft of the institution’s fund.
On arraignment, the police charged the accused on a three-count charge of conspiracy, stealing and forgery.
The prosecutor, Sunday Ogunremi, Assistant Superintendent of Police, told the court that the accused and others now at large sometimes between the month of August 2016 to January 2017 at the Oke-Ogun Polytechnic Saki, in Saki magisterial district did conspire together to steal.
Ogunremi said that the accused and others now at large stole one million nine hundred and twenty-five thousand hundred and thirty-three naira sixty-seven kobo (N1,925,233,67k) belonging to the institution.
The offences were read out in charge number Mi/17c/19.
He also said that the defendant and others now at large did forge the signature of one Mrs. Dolapo Omolola Adeniji in the same institution to withdraw salary.
The prosecutor said the offences committed were punishable under section 516,390(9)(6) and 467 of the Criminal Code, Cap 38vol. II Laws of Oyo State, Nigeria 2000
The accused pleaded not guilty on the charges.
In his ruling, the Chief Magistrate, Mr. Taiwo Oladiran, granted the accused bail in the sum of N 500, 000 with two sureties in like sum.
The Magistrate held that the sureties must be gainfully employed and must be resident within Ibadan magistrate district and they must be worth N 500,000 each.
Adisa, however, adjourned the case till 7th July, 2019 for hearing.