One Olanrewaju Alonge has been arraigned before an Iyaganku Chief Magistrates Court in Ibadan.
The 47-year-old man was arrested and arraigned for allegedly stealing an ATM card and withdrawing N36 million.
Alonge has been charged with theft by the police.
The defendant, however, pleaded not guilty to the charge.
The Prosecution Counsel, ASP Amos Adewale, told the court that Alonge stole an ATM card belonging to Mr Babajide Owoeye and between 2021 and Sept. 13, 2022 , he withdrew N36 Million.
The offence, he said, contravenes the provisions of Section 383 and is punishable under Section 390 (6) (9) of the Criminal Code, Laws of Oyo State 2000.
The Chief Magistrate, Mr Emmanuel Idowu, admitted the defendant to bail in the sum of N1million with two sureties in like sum.
Idowu adjourned the matter until Dec. 19, for mention.
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