25.5 C
Lagos
Thursday, October 29, 2020
- Advertisement -

Police Arraigns Fidelity Bank Staffer Over US$93,000 Alleged Fraud

Opinion

#EndSARS Protest: A Fundamental Lesson in Democratic Governance – By Bola Ahmed Tinubu

I heavily grieve for those who have lost their lives or been injured during the period of these protests. My deepest sympathies...

#EndSARS Protests: Nigeria’s President Could Have Prevented Escalation of Violence but Poured Oil on the Fire Through His Silence – By Chidi Anselm Odinkalu...

Located in the central regions of Nigeria’s Delta State, Ughelli is a sleepy city in the Western Niger Delta and the unlikely...

We Must Get Children Back to Learning – But Business As Usual is Not an Option By Jutta Urpilainen and Henrietta Fore

A global joint op-ed by the EU and UNICEF on education for children “One child, one teacher, one book,...

Subjecting Anti-SARS Agitation to Political Interpretation is Jejune Partisan Stimulus By Chris Okotie

Chairman Mao once posited that if the people no longer fear your power, it is because another power is on its way....

Obinna Ezenwaka, an employee of Fidelity Bank, who allegedly defrauded a businessman Dominic Nwibo of 93, 000 US dollars, was arraigned Monday at the Magistrates’ Court, Igbosere, Lagos.

Mr Ezenwaka of no known address, was accused by the police of conspiracy, stealing, fraud, forgery and issuing of dud cheque.

The police prosecutor Sergeant Cyracus Osuji, told the court that the accused committed the alleged offences on Aug. 1, in Lagos.

He said that the accused conspired with an accomplice, still at large and obtained the sum of 93, 000 US dollars from one Mr Dominic Nwibo, under the guise of transferring the said money to Nwibo’s business partners and suppliers in China.

Osuji said that the accused knew that the representation he made to Nwibo was false.

According to the prosecutor, the accused forged a telex message which was to show that a transfer of the said 93, 000 US dollars was made to China, “just to convince the complainant, when no actual transfer was made”.

He also said that the accused issued a Diamond bank cheque of N33.3 million, the naira equivalent of the said money, but the cheque was dishonoured on presentation due to insufficient funds.

Osuji said that the accused stole the said money, and that the offences contravened Sections 285, 312 (a), 319, 363 and 409 of the Criminal Law of Lagos State, 2011.

The accused pleaded not guilty to the five-count charge preferred against him.

The Magistrate O. M. Ajayi, admitted him to bail in the sum of N1m, with two sureties in like sum.

She said that the sureties must be gainfully employed, show evidence of tax payments to the Lagos State Governments and have their addresses verified by the court.

Magistrate Ajayi adjourned the case till January 12 for mention.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Business Profiles

Theresa Ekong

Theresa Ekong is the Acting Head of Compliance at Providus Bank. She has over 18 years industry experience cutting across banking Operations,...

Mark Oguh

Mark has 22 years experience in the Banking industry covering Operations, Audit and Financial Control. He is also a...

Aina Amah

Aina Amah is a graduate of Economics from the University of Lagos and an MBA from the University of Nicosia, Cyprus. She...

Uyi Osagie

Uyi Osagie is the Chief Financial Officer of Allianz Nigeria. He joined Allianz as Financial Controller from 2014 and rose through the...

Usen Udoh

Usen Udoh is the Group Chief Human Resources Officer of the Dangote Group where he oversees a team of busines unit human...