The accused persons were holding major positions in the union as the President, Treasurer, and Secretary of the NASU at MAPOLY.
An Abeokuta Chief Magistrates’ Court, on Tuesday, remanded three union officials at the Abeokuta Prisons, Ibara, for allegedly stealing money belonging to two organisations.
The organisations are: the First City Monument Bank, FCMB, and the Non-Academic Staff Union, NASU, of the Moshood Abiola Polytechnic, MAPOLY, Ojere, Abeokuta.
The Chief Magistrate, Anthony Araba, who gave the order, did not take the pleas of the accused persons.
The accused, Odeogbola James, 55; Egbewunmi Olalekan, 44, and Taiwo Oladipupo, 38, are being tried for stealing, conspiracy and concealing relevant documents relating to the disbursement of funds, property of FCMB and NASU.
Earlier, the prosecutor, Banji Sangotokun, had told the court that the accused persons, whose addresses were unknown, committed the offences between 2008 and 2011 at MAPOLY.
He said the accused persons were holding major positions in the union as the President, Treasurer, and Secretary of the NASU at MAPOLY.
The prosecutor explained that the three men pretended to be borrowing money as loans on behalf of the union from FCMB, which the bank gave them successfully.
“The first accused, James was the president of the union, he collected N19.4 million, while Olalekan and Oladipupo, collected the sum of N17.9 million each and absconded with the money, without distributing it to members of the Union as agreed,” Mr. Sangotokun, an Assistant Superintendent of Police, said.
He alleged that the offences contravened Sections 516, 385, 390(8),(6) of the Criminal Code Law of Ogun State, 2006.
However, the Chief Magistrate, Anthony Araba, adjourned the case till June 5 for continuation of hearing.