By Michael Ofulue, Osogbo

An Osogbo Magistrate Court has ordered the remand of a 31-year-old man, Olamilekan Adeniji at Ilesha correctional centre over N2.5 million fraud.

The defendant was arraigned before Magistrate Abiodun Ajala on a count bordering on fraud

 Police prosecutor, Adegoke Taiwo said between the months of November 2021 and October 2022, the defendant  fraudulently converted the said amount of money being the proceeds from the sales of  Fortunate bread, belonging to one Makinde Oluseyi.

He committed the offence at KM 10,Dagbolu area, Ikirun road.

 According to Taiwo, the offence runs contra ry to and punishable under Section 390(9)(6) of the Criminal Code Cap 34, Vol II Laws of Osun State 2002.

The defendant pleaded not guilty to the charge preferred against him.

 Defense counsel, Ifeoluwa Ayodeji, in his oral application, urged the court to admit the defendant to bail in most liberal terms .

 Magistrate Ajala, in his ruling, declined the oral application