He denied any wrongdoing.
The charge sheet presented before the court stated that between January and December 2015, at the Associated Pre-mix Oil Company Ltd on Kairaba Avenue, in the Kanifing Municipality, by virtue of his position as finance officer of the said company, he stole D33 million, being monies of the said company that he diverted to his personal gain.
At that juncture, the police prosecutor, ASP Fadera, objected to bail for the accused person on the grounds of considering the situation of the case and the amount involved.
He said investigation is still ongoing and the accused being a prominent person in the said company, he might tamper with the investigation and there is likelihood that he might also abscond.
He urged the court to refuse the accused bail.
The court then ruled that the accused should be remanded in custody pending the next court sitting.
The case was then adjourned until 16 March 2016, for hearing.