Property agent in court for diverting N4.2m rent

A property agent, Wole Ogunleye, has been arraigned by the police at Lagos Magistrates’ Court in Ogba for alleged diversion of N4.240m rent belonging to a landlord, Yisa Bello.

Ogunleye was accused of collecting rent paid for Bello’s properties located on Lagos-Abeokuta Expressway and Beckley Estate.

It was gathered that Bello contacted the estate manager, one Bello Usman, in January 2019 to know why the rent had not been remitted.

Usman and a lawyer were said to have reached out to some occupants of the properties who disclosed that they had paid their rent to Ogunleye.

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Usman told the police that Ogunleye initially denied collecting the rent during a meeting, but later owned up to have used it to solve some problems.

Ogunleye admitted he collected N2.9m rent from the tenants, adding that he planned to remit the money at a meeting that was supposed to hold in January 2019.

Ogunleye stated that he had some challenges which he used the money to address.

The defendant, however, pleaded not guilty to the charge while the presiding magistrate, Mrs O Sule-Amzat, granted him bail in the sum of N250,000.

The case was adjourned till July 18, 2019 for mention.

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