A 43-year old Babalola James who was arrested for allegedly diverting a company’s pharmaceutical products worth N22 million has said his wife, Funke knew he was into a dubious deal when his account suddenly swollen up and was bringing more money to his family.

James made the revelation at the police command Ikeja, Lagos where he was paraded by the Commissioner of Police, Mr Fatai Owoseni.

The suspect was arrested and paraded by the police for defrauding and stealing the amount from his employer, Pharmacy Plus Limited located at Ikeja, Lagos where he worked as the company’s sales representative.

James said he was on a monthly salary of N80,000 before he started diverting the items the company asked him to supply to their customers which makes his financial status changed.

He said when his wife discovered that, she kept on asking him what was the source of the sudden wealth and he kept on deceiving her and she doubtfully started partaking when he started using the money to acquire properties.

He regretted and said if he had revealed to his wife the source of the money, he would not have run into the mess he found himself because she will force him to return the money to the company.

He said he is ready to settle the matter reason he had revealed and showed the police some of the properties he used the proceed to buy and was ready to hand it over to the company.

According to Police, the company entrusted the items on the suspect to supply to the customers outside Lagos, however, he perfected the act and diverted the money accrued from the supply to his account.

“He will supply the products to the customers and will force them to write cheque in his name instead of the company,” the Police source said.

The source alleged that the dubious deal was going on until the company decided to carried out an audit.

During the audit, it was discovered that James has not been paying into the company’s account proceeds of most of the items he supplied to the customers.

He was handed over to the police where more revelation was made during the investigation and some properties were recovered.

The police said James will be charged to court after the investigation.