Lagos - A sexagenarian,who allegedly stole jewellery valued at N792,500, was on Thursday in Lagos charged before an Apapa Chief Magistrates' Court.
The accused, Suleiman Abdul, 61, who lives in Festac Town, pleaded not guilty to the charge.
The prosecutor, Insp. Clara Olagbayi, said the accused had on Feb. 12 at 21 Road, Festac Town, received the stolen items from one Raymond Mbadugha.
She told the court that Mbadugha stole the jewellery from one Mrs Onwuyali Ify, a businesswoman, and later sold it to Abdul at a giveaway price.
Olagbayi said the offence contravened Section 326 (1) of the Criminal Code, Laws of Lagos State.
The Chief Magistrate, Mrs Oluyemisi Adelaja, granted the accused bail in the sum of N100, 000 with one surety in like sum.
She said the surety should show evidence of tax payment to Lagos State Government.
The case was adjourned to Aug. 20 for further hearing.