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Teenager remanded for stealing $5,000 Bitcoin in Osun

Adesina .O (Teekay) by Adesina .O (Teekay)
December 17, 2021
in Local News
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19-year-old Iwaku Olatunji has been remanded in correctional facility for alleged burglary and stealing in Ile-Ife, Osun State.

The prosecutor, Inspector Adeshina alleged that, the teenager sometime in October 2021 at about 1:30am at Parakin Estate Ile-Ife broke into the dwelling house of Mr Kingsley Emmanuel to steal iPhone XR valued at N220,000 and fraudulently withdrew $5,000 from the BTC account.

He noted that the offences contravened Sections 411 and 412 of the Criminal Code Cap 34 Vol. II Laws of Osun-State of Nigeria 2002.

However, the defendant pleaded not guilty to the offences levelled against him while his counsel, Reuben Abeginigo made an oral bail application for his client.

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Presiding Magistrate, Mr Elisha Aluko ordered that the defendant be remanded in correctional facility pending formal bail application.

He then adjourned the matter till January 25, 2022.

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