A Grade A Customary Court sitting at Mapo in Ibadan on Friday remanded two men, Asimiyu Ajimoti and Sulaimon Adetunji, in a correctional centre for allegedly stealing iron rods worth N202,000.
The defendants had pleaded not guilty to a two-count charge of conspiracy and stealing.
The court’s president, Mrs S.M. Akintayo, remanded the duo pending the fulfillment of their bail conditions.
Akintayo had admitted each of the defendants to bail in the sum of N200,000 with two reliable sureties in like sum.
She added that the sureties must provide evidence of two years’ tax payment to the Oyo State Government, in addition to presenting their valid identity cards.
Akintayo adjourned the case until April 28 for trial.
Earlier, the prosecutor, Insp Ayodele Ayeni, told the court that the defendants committed the offences on March 1 at about 5.00 p.m. in the University College Hospital (UCH) area of Ibadan.
He said the defendants entered the premises of a company, Quedriga Ltd. and stole iron rods valued at N202,000.
He stated that the offences contravened the provisions of Section 516 and 390 (9) of the Criminal Code, Cap 38 vol. ii Law of Oyo State, 2000.