NAN-H-59
Sales rep
By Chinyere Omeire
Lagos, Oct. 20, 2016 (NAN) A 42-year-old sales representative, Nicolas Udo, who allegedly obtained pharmaceutical products worth N11.6 million on the pretext of supplying his customers the drugs, was on Thursday brought before an Igbosere Magistrates’ Court in Lagos.
Udo, who resides in Kano, is standing trial on a two-count charge of stealing and fraud.
Prosecutor Sylvester Azubuike of Legal Section, Special Fraud Unit, Ikoyi, told the court that the accused committed the offences between 2014 and 2015 at Pharmatex Nigeria Ltd, Lagos.
He said the accused collected a pharmaceutical product named Hovid BHD, valued at N11.6 million on the pretext of supplying same to customers.
“The accused obtained the products from the company on the pretext of delivering it to the company’s customers in Kano.
“He, however, failed to remit the proceeds of the sales into the company’s account; he converted it to personal use.”.
According to Azubuike, the accused issued 12 different cheques of Fidelity Bank to cover the amount which were dishonoured on presentation at the bank.
The offences contravened Sections 285 and 320 of the Criminal Law of Lagos State, 2011.
The accused denied the charge and his lawyer, Mr C. A. Okafor, urged the court to grant him bail on liberal terms.
In her ruling, Magistrate Abimbola Komolafe, granted him bail in the sum of N5 million with two sureties in like sum.
She said the sureties, who should be working in reputable organisations, should also show evidence of three years tax payment as part of the bail condition.
The case has been adjourned to Nov. 29 for mention. (NAN)
OCC/ENN/DA
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Edited by Edwin Nwachukwu/Dele Akinsola