A 36-year-old man, identified as Victor Ameh, was arraigned in a Kaduna Magistrates’ Court on Thursday for allegedly stealing N4.2 million from a cryptocurrency firm, News About Nigeria reports.
Mr Ameh, a resident of Marafa in Kaduna, is charged with conspiracy and theft. The prosecution, Inspector Chidi Leo, told the court that the defendant committed the offence on July 20 in Ungwan Rimi, Kaduna.
Mr Leo alleged that the defendant conspired with another individual, who is currently at large, to unlawfully withdraw N4.2 million from his employer’s account.
He further stated that the defendant was arrested when an investigation into the matter was carried out.
The prosecutor added that the offence was contrary to Sections 287 (7) and 217 of the Kaduna State Criminal Code, 2017, while the appellant pleaded not guilty.
Meanwhile, Judge Ibrahim Emmanuel confirmed that the defendant was granted bail in the amount of one million naira with the requirement of a blood relative as a surety.
According to the judge, the surety must also provide evidence of payment of two years’ taxes to the Kaduna government.
It was gathered that the defendant did not accept the charges against him, claiming that he was wrongly accused of money laundering.
Having pleaded not guilty, Magistrate Ibrahim Emmanuel released the accused on bail for the sum of N1 million, with the condition that the surety is a blood relative, has stable employment, and can produce proof of payment of two years’ taxes to the Kaduna government.
The Judge adjourned the case to December 9 for hearing.
