Woman Docked over Alleged Theft of N2.7m Cooperative Money

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By Ngozi Njoku


A 28-year-old woman, Racheal Owolabi, on Thursday appeared before an Ogudu Magistrates’ Court in Lagos State, charged with stealing N2, 777, 000, property of the Ogudu Co-operative Thrift and Credit Union.
Owolabi, who resides at Ogudu area of Lagos, is being tried for conspiracy and stealing, to which she pleaded not guilty.
The Prosecutor, Insp. Donjour Perezi, told the court that the defendant committed the offences between May and August 2019, at No. 8, Epetedo St., Ogudu.
He alleged that Owolabi and some others, still at large, while in the employment of Ibukun Oluwa Co- operative Society, stole the sum of N2, 777, 000.
Perezi said that the money belonged to Oyosowapo Ogudu Co-operative Thrift and Credit Union.
“The case was reported at a police station, and the defendant was arrested,” he said.
The News Agency of Nigeria (NAN) reports that the offences contravene Sections 287 and 411 of the Criminal Law of Lagos State, 2015.
The Magistrate, Mrs Bukola Mogaji, granted the defendant bail in the sum of N200, 000 with two sureties in like sum.

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Mogaji adjourned the case until Dec. 16, for mention.
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