Nigerian businessman “runs away after buying N295 million worth of goods on credit”
A Nigerian businessman has been dragged to court for allegedly stealing from Kellogs in South Africa.
Chris Ifeorah and his company Wigmore Trading Limited are being accused of stealing and obtaining goods by false pretence.
The accused person had allegedly obtained the fast-moving items on credit from the complainant, Kellogg Company of South Africa in 2015.
The goods were worth $935,971 (Approximately N295 million).
Kellogs alleged the accused person, who promised to repay within three months, became elusive after receiving the items.
The Economic and Financial Crimes Commission (EFCC), on Tuesday, Ifeorah and his company before Justice A. M. Nicol-Cray’s of the Lagos State High Court, sitting in Igbosere, Lagos.
He was arraigned on a two-count charge bordering on stealing and obtaining goods by false pretence.
Ifeorah pleaded not guilty when the charges were read to him.
In view of his plea, the prosecution counsel, Muritala Said Usman, asked the court for a trial date and prayed that the accused be remanded in prison custody.
Counsel to the defendant, Maduka Ken Nwanna, told the court that there was a pending application for bail.
Justice Nicol-Cray’s adjourned the case to January 24, 2017 for hearing of the bail application and ordered that the accused person be remanded in prison custody.
