The arm of the law has caught up with a distributor with a food producing company, Ayoola Foods Limited, 41-year-old Rashidat Folawiyo, after she allegedly defrauded the company of N2.4m.
Folawiyo, known as Ore Abosede on her Facebook account, was the company’s major distributor in Ondo State, until August 2016, when she failed to remit the proceeds of products worth over N2.4m to the company.
Saturday PUNCH learnt the company had handed over a van and food products worth about N6m to Folawiyo in August 2016. But by the time she was supposed to make remittance of an outstanding proceed of sale amounting to N2,407,270, she became unreachable.
Managing Director and Chief Executive Officer of Ayoola Foods, Mr. Segun Olaye, told the police that Folawiyo was initially an employee of the company until she was rewarded with a distributorship role along with a few others across the country.