Sikiru Aregbesola and three of his sons were yesterday arraigned before an Ikeja Magistrates’ Court over alleged theft of N11.7 million valuables.
Muniru Aregbesola, 31; Muftau Aregbesola, 37; and Rasheed Aregbesola, 36, are facing a two-count charge bordering on conspiracy and stealing.
66-year-old Sikiru, who is a carpenter with his sons, resides at 9, Raimi Street, Ojodu, Berger, area of Lagos State.
Police prosecutor Inspector Okoi Edet, told the court that the defendants stole two 40 feet containers valued at N900, 000, two generating set valued at N800, 000 and iron rods worth N10 million, property of Mr Olaitan Okunloye.
According to Edet, the offence was committed on December 30, 2012 at NEPA installation along Obafemi Awolowo Way, Ikeja.
The defendants pleaded not guilty to the offence.
The Magistrate, Mrs Dan Oni, granted the defendants bail in the sum of N500, 000 with two sureties in like sum, while she adjourned the case till May 31 for mention.