The couple are facing a two-count charge of conspiracy and fraud.

The Chief Magistrate, Olatubosun, who ordered that the couple be remanded in Ikoyi Correctional Centre until the perfection of their bails, granted them bail in the sum of N10 million each, with two responsible sureties each in like sum.

She, however, adjourned the case until May 13 for a substantive trial.

The prosecutor, ASP Rita Momah,told the court that the duo and some others still at large committed the offences on July 13, 2023, at Oba Ayoka St, Lagos.

According to Momah, the couple and one Chijioke Ezekirian conspired to steal and receive proceeds of sales from Climax Lubricants Industries in Lagos.

She submitted that the couple knowingly received the total sum of N33.8 million through Fidelity Bank KPICPC account numbers 2033723459 and 5600923549 from Chijioke Ezekirian.

Momah said the offences contravene Sections 328 (1) and 411 of the Criminal Law of Lagos State, 2015.