A 42-year- old man, Charles Hamilton, has been sentenced to seven- year imprisonment for defrauding a company of N485,000.
Hamilton was jailed by an Evboriaria Magistrates Court after he was arraigned on a three-count charge of conspiracy and stealing.
He pleaded not guilty to the charges.
Police prosecutor, AigbedionObarkpalor, told the court that the accused with others at large, committed the crime between December 2013 and April 2014, at Zeenab Foods Limited, KM 8, Benin-Sapele Road, Benin.
Obarkpalor informed the court that the convict who worked as a manager with the said company unlawfully converted N485,000 meant for the purchase of production materials to his personal use.
He said the offences contravened Section 516, 390 (7) and (9) and 390 (6) and (9) of the Criminal Code Cap 48 Vol. II Laws of defunct Bendel State of Nigeria 1976 as applicable in Edo.
Presiding Chief Magistrate, Mr. F.O. Idiake, sentenced the accused to seven- year imprisonment or an option of N300,000 fine.