A school principal identified as Michael Diekola, allegedly bolted away with N1.2 Million paid by students for the West African Senior School Certificate Examination, WASSCE, in Lagos State.
Diekola,42, was arrested and docked on Monday, May 16 2016 at an Ikeja Chief Magistrates’ Court.
The accused, who resides at 8, Alirat Badejo St., Oke Odo, Abule Egba, denied the charge of fraud and stealing which was brought against him in court.
The prosecutor, Insp. Clifford Ogu told the court that the accused committed the offence sometime in July 2014 at a private school — Queen Diana College, Oke Odo, Abule Egba.
He told the court that Diekola collected N1.2 million from students under the pretext of enrolling them for the West African Senior Secondary Certificate Examination (WASSCE) and disappeared with the money shortly after.
He said: “The accused bolted with the money and all efforts to locate him were unsuccessful until he was sighted by one of the teachers and was immediately apprehended.”
According to the prosecutor, the offences contradicted Sections 285 (1) and 312 (1) of the Criminal Law of Lagos State, 2011.
After listening to his plea, the Chief Magistrate, Mrs Taiwo Akanni, granted the school principal bail of N500, 000 with two sureties in like sum.
Consequently, Akanni ordered the accused to pay N250, 000 into the court’s Chief Registrar’s account as part of the bail conditions.
She further adjourned the case until Monday, June 6, 2016 for further mention.