A 27-year-old woman, Busayo Alagbe, is facing prosecution for stealing N4.5m from her employer, Bridgeway Ventures, a company based in Lagos and using the loot to help her boyfriend to relocate to the UK.
Alagbe is standing trial before the Yaba Magistrates’ Court, Lagos State. She was arraigned on Thursday on three counts bordering on the conversion of employer funds, stealing and forgery.
The court heard from the prosecutor, Godwin Oriabure, that the defendant committed the crime between July and November 2022, in the Gbagada area of the state,
Oriabure said during interrogation, she confessed to have used the stolen money to sponsor her boyfriend’s travelling expenses to the United Kingdom.
The charge read in part, “That you, Busayo Alagbe, between July and November 2022, at no 17 Olujobi Street, Gbagada Estate, Lagos, in the Yaba Magisterial District, did fraudulently convert the sum of Four-Million Five Hundred and Thirty One Thousand Two Hundred and Fifty Naira, property of Olayinka Blackshear and thereby committed an offence contrary to and punishable under Section 287(b) of the Criminal Law of Lagos State, 2015.”
The defendant pleaded not guilty to the charges.
Magistrate A.O Salawu granted the defendant bail in the sum of N1m with two responsible sureties and adjourned the matter till January 19, 2023.