First Bank Employees Steal N6.5 Million From Customer’s Account

Three bank employees and their two accomplices were on Monday arraigned before Chief Magistrate A.O. Awogboro over the theft of N6.5 million from a customer’s account.

They are facing a 12-count charge bordering on stealing, forgery and conspiracy.

The men, Timothy Ibeh, 24; Samuel Dada, 27; Adeyinka Awojobi, 29; Obaseki Ojo, 26, and Simon Abu, 26, were docked at a Tinubu Magistrate Court, Lagos.

 

The Prosecutor, Chidi Okoye, told the court that the accused committed the offences between October 14, 2013 and November 21, 2013 during work hours at First Bank, Marina, Lagos.

He said that the accused forged the signature of one Onche Ugbabe at different times and stole the sum of N6.5 million from his account.

“Ibeh, Adeyinka and Dada, employees of First Bank solicited the help of Ojo and Abu and used their accounts to stash the stolen money.

“On different occasions, the accused persons withdrew the sum of N500,000, N550,000, N550,000, N350,000, N620,000, N520,000, N825,000, N620,000, N750,000 and N420,000 respectively,” Mr. Okoye,  a police inspector said.

The prosecutor said that the offences contravened Sections 409, 361 and 285 of the Criminal Law of Lagos State 2011.

However, each of the accused pleaded not guilty to the charges preferred against them.

Mr. Awogboro granted each accused bail in the sum of N1 million, with two sureties in like sum, and adjourned the case till February 26 for mention.