Giwa Ihesha
Member
A LADY DRIVER PLEADED GUILTY IN COURT TO AVOID PAYING HER 1.3MILLION OF STOLEN GOODS
A Lady shared a valid business lesson that I like for us all to learn from.
Last year, her driver connived with a park driver, stole and sold her customer's goods worth 1.3million Naira. She had to replace the goods for that customer.
She then took her driver to court and they have been going through court proceedings.
His family even came, begging to pay the 1.3million Naira, so the case is closed.
The driver declined his family from paying.
He chose to plead guilty in court and sentence was passed.
His jail sentence is 3 years.
So, he prefers to serve time in jail, than pay back the money. Wow!!! Oh wow!!
The lesson here that she is shared is - "Protect your business inventory at all cost. Even when justice is served, you may not recover lost goods. The offender might choose jail term over paying back and you walk away without recovery".
Justice of the law, does not equal recovery of your money. Protect your business inventory and assets properly.
Run structured businesses.
Use structured processes.
Maybe if a properly structured logistics company had handled those goods, this wouldn't have happened. Even when items get lost, they pay.
I am grateful to her for sharing this story and the lessons.
We keep learning
A Lady shared a valid business lesson that I like for us all to learn from.
Last year, her driver connived with a park driver, stole and sold her customer's goods worth 1.3million Naira. She had to replace the goods for that customer.
She then took her driver to court and they have been going through court proceedings.
His family even came, begging to pay the 1.3million Naira, so the case is closed.
The driver declined his family from paying.
He chose to plead guilty in court and sentence was passed.
His jail sentence is 3 years.
So, he prefers to serve time in jail, than pay back the money. Wow!!! Oh wow!!
The lesson here that she is shared is - "Protect your business inventory at all cost. Even when justice is served, you may not recover lost goods. The offender might choose jail term over paying back and you walk away without recovery".
Justice of the law, does not equal recovery of your money. Protect your business inventory and assets properly.
Run structured businesses.
Use structured processes.
Maybe if a properly structured logistics company had handled those goods, this wouldn't have happened. Even when items get lost, they pay.
I am grateful to her for sharing this story and the lessons.
We keep learning