A 24-year-old sales attendant, John Okonkwo, who allegedly stole his employer’s N3.5m and invested in the Mavrodi Mondial Movement scheme, on Thursday, appeared before an Ojo Magistrates’ Court.

The prosecutor, Insp. Uche Simon, said that the accused committed the offence at Shop 26, Zone E, Block 2A Aspamda Market, Trade Fair Complex, Lagos between the months of March and October.

He alleged that the accused put the N3.5 million sales proceeds belonging to his employer into the ponzi scheme without her consent. Okonkwo, however, pleaded not guilty to the charge.

It was during auditing that it was discovered that N3.5 million was missing.

Magistrate A. S. Okubule granted the accused N500,000 bail with two sureties in like sum.

She said that the sureties must reside within the court’s jurisdiction and must be gainfully employed, and adjourned the case until Jan. 23, 2018.

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