Two businessmen, Nick Amusan and Simon Nwaemo have been arraigned for allegedly stealing 1,480 pieces of seismic detonators, worth N2.1 million, property of Shell Petroleum Development Company.
The accused, who reside in Lagos, were charged with conspiracy and stealing before an Igbosere Chief Magistrate’s Court.
Prosecutor, ASP Stanley Iwok, said that they committed the alleged crime on October 17, 2007 at the premises of the Niger Delta Development Commission located at No 11 Awolowo Road, Ikoyi.
The accused person, however, pleaded not guilty to the charge.
Chief Magistrate,O.I. Oguntade, granted them bail in the sum of N500, 000 each, with two sureties in like sum.
She adjourned the case till September 13.
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