The Police in Lagos has charged one Olawale Oyetayo before a Shomolu Senior Magistrate’s Court in Lagos, for allegedly stealing a Toyota Corolla car, worth N2.7 million.
Oyetayo is standing trial on a two-count charge of conspiracy and stealing.
Prosecutor,Inspector Adegoke Akinlebi, told the court that the accused on June 7 at No. 11 Eyo Street Palm-Grove, Lagos stole the vehicle, property of the Power Holding Company of Nigeria.
Akinlebi said Oyetayo and others at large conspired and stole the vehicle with Reg. No. FG 170 P41 where it was parked.
When the charges were read to the accused, he pleaded not guilty.
Senior Magistrate,A.O. Gbajumo, granted him bail in the sum of N500,000, with two sureties in like sum.
Gbajumo fixed further hearing in the matter till August 11.
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