The police on Monday arraigned two persons namely; Sunday Shaibu, 32,
and Nura Mohammed, 24, for allegedly stealing a trailer load of iron rod worth N50 million.
The duo, whose addresses were not provided, were charged with conspiracy and stealing before an Iyaganku Magistrates’ Court, Ibadan.
They, however, pleaded not guilty to the charges preferred against them.
The Prosecutor, Insp. Folake Ewe told the court that the defendants allegedly committed the offences on Oct. 30, at Odo-Ona Apata Area of Ibadan.
Ewe said the defendants conspired to steal the iron rod, property of Chinese and Bridge Cooperation Company.
She said the offences contravened Sections 516 and 390(9) of the Criminal Laws of Oyo State, 2000.
The Magistrate, Mrs T. G. Daodu granted the defendants bail in the sum of N10 million each with two sureties each in like sum.
She adjourned the case until Jan. 14, 2025, for hearing. (NAN)