A 22-year-old farmer, Rasheed Falere, was yesterday brought to an Iyaganku Chief Magistrates’ Court in Ibadan, Oyo State capital for allegedly stealing a transformer cable, worth N1 million.
News Agency of Nigeria (NAN) reports that Falere, of the Local Authority School area, New Eruwa, Eruwa town, is facing a two-count charge of conspiracy and stealing.
The Prosecutor, ASP Sunday Ogunremi, told the court that Falere allegedly conspired with others, now at large, to commit the offences.
Ogunremi said Falere was alleged to have stolen the transformer cable, valued at N1,000,000 property of the Ibadan Electricity Distribution Company.
He said the offence was committed on November17, about 4:30 am. at opposite motor park, Maya, via Lanlate.
Ogunremi said the offences contravened sections 516 and 390 (9) of the Criminal Code, Cap. 38, Vol. II, Laws of Oyo State, 2000.
The defendant pleaded not guilty.
Chief Magistrate Abdulateef Adebisi granted the defendant N500,000 bail with two sureties.
Adebisi adjourned the case till January 31.