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Two Women Arraigned for Unlawful Conversion of Money

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Many things are happening in the business world for which new entrants and existing players in that world should continue to learn from.

Two women, Mrs. M. Oladimeji 25 years old and Mrs. A. Olawale 35 years old were arraigned before the Chief Magistrate Court 4 in Ibadan for allegedly converting money unlawfully into personal use.

The case filed against them were that Mrs. M. Oladimeji on the 14th day of December, 2015 at about 1.00pm at Agbaje Market Area of Ibadan in Ibadan Magisterial District did collect goods valued at N374,000 (US$1,038.88) from Mr. Salami Idris and sold the goods and converted the money to her use and thereby committed an offence contrary to and punishable under section 390 of the criminal code Cap 38 volume 2 Laws of Oyo State of Nigeria 2000. Also, Mrs. A. Olawale on the 18th day of December, 2015 at about 2pm at Agbaje Market Area Of Ibadan, in the Ibadan Magisterial District did collect goods valued at N339,500 (US$943.05), sold it and converted the money to her personal use and thereby committed an offence contrary to and punishable under section 390 of the criminal code cap 38 volume 2 Laws of Oyo State of Nigeria 2000.

Mrs. Oladimeji and Mrs. Olawale told the Court that the charges against them were true they however alleged that they have gradually been paying back the said money to Mr. Salami Idris and that the receipts of all payment are with the complainant.

Due to the absence of the complainant – Mr. Salami Idris, the prosecutor – Sergeant Temitope Daudu told the court that she was new on the case which makes her unable to confirm to the court whether the women have been paying back the money gradually or not. The prosecutor promised the Court to confirm the claim by the women from the complainant. In addition, she said, she will produce the complainant if the Chief Magistrate could adjourn the case.

Chief Magistrate Muideen Salami responded that it would be inhuman attitude from the complainant to refuse to show his face in court if truly he has been collecting money from the defendants. The Magistrate further said that for any reason whatsoever, he won’t allow any body to turn the court of law to a debt collector and he urged the prosecutor to make sure she produce the complaint by the next adjournment day or else he will strike out that case.

He finally ruled that the two women should be granted bail of N100,000 (US$277.78) with four sureties each and the address of the sureties should be verified. The case was adjourned to 7th June, 2018 for either a settlement or a total strike out.

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By Ademola Oladele

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