An agent of AIICO Insurance Company, David Owoeye, 27, has been charged before a Lagos Chief Magistrate’s Court, sitting at Igbosere, over allegedly forged some company’s documents to defraud customers of their money to the tune of N2.6 million.
The accused is standing trial on a two count-charge bordering on forgery and stealing preferred against him by the police.
The Prosecutor, Inspector Okete Ojiema yesterday informed the court that the accused committed the alleged offences between January 2012 and May 2015, as an agent with the AIICO Insurance PLC, Victoria Island in Lagos.
He said that the defendant forged the receipts and other documents of the company and used it to collect premium, valued at N2. 6 million from various customers.
Ojiema, said that the accused stole the sum of N2. 6 million belonging to AIICO Insurance PLC.
According to the prosecutor the offences committed is punishable under Sections 285 and 363 of the Criminal Laws of Lagos State 2011.
The defendant however pleaded not guilty to the charges levelled against him.
The defendant ‘s counsel Mr O. O. Odufua urged the court to admit the defendant to bail on liberal terms.
Magistrate, A. A. Adefulire admitted the defendant to bail in the sum of N1 million, with two responsible sureties in like sum.
He said that the sureties must be gainfully employed, must have prove of tax payment and must be account holders and must show statements of their accounts.
He adjourned the matter to July 1, for hearing.

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