One Kingsley Onwuania, a sales agent was Wednesday, arraigned before an Igbosere Magistrates’ Court in Lagos for allegedly failing to remit N9.5 million worth of goods he obtained from a Chinese company.
The Prosecutor, CSP Effiong Asuquo, said the accused committed the offence on August 20 as a sales agent to one Miss Helen Cai, the Managing Director of Qingdao Yuanzhou Rubber products Limited.
Asuquo alleged that the accused obtained 3,465 cartons of Toyota brand of tubes and tyres valued at N9.5 million in the agreement that he would remit the money to the company’s account, adding that it was later discovered that the accused converted the proceeds of the sales to his personal use.
The prosecutor said the offence contravened Section 285 (9) of the Criminal Law of Lagos State, 2011.
Onwuania who is of an unknown address, is facing a charge of fraud.
The accused, however, pleaded not guilty to the charge.
The Magistrate, Mr P. A Adekomayia, granted the 30-year-old accused bail in the sum of N2m with two responsible sureties in like sum, ruling that one of the sureties must be a blood relation of the accused and the other a civil servant on Grade Level 15.
Adekomayia adjourned the case till January 21, 2016 for mention, ordering that the sureties must show evidence of three years tax payment to the Lagos State Government.
