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First Bank manager docked over N6m fraud

15 January 2013, 16:05

Lagos - A 45-year-old bank manager, Ezekiel Nwanupo, who allegedly defrauded his bank of N6 million, was on Tuesday charged before an Ikeja Chief Magistrates' Court.

Nwanupo, a resident of Oshodi area of Lagos, is facing a three-count charge of conspiracy, fraud and stealing.

The prosecutor, ASP Barth Nwakaoye, said that the accused and one other person at large conspired to commit the offence on May 5, 2012 at First Bank Nigeria Plc, Jibowu, Lagos.

He said that the accused used his position as bank manager of First Bank, Jibowu branch to defraud Mr Olumuyiwa Olaosun, who had his account domiciled at the branch.

Nwakaoye said that the accused obtained the money from the complainant's account, under the pretext that the money would be returned within two weeks.

He said that the amount was, however, not refunded to the customer’s account.

The prosecutor said that the offences contravened Sections 319, 321 and 409 of the Criminal Code, Laws of Lagos State 2011.

However, the accused pleaded not guilty to the charges against him.

The Chief Magistrate, Mr Akintunde Isaac, granted the accused bail in the sum of N500, 000 with two sureties in like sum and adjourned the case till Feb. 20 for mention.

NAN

NEXT ON NEWS24 NIGERIAX

Three jailed for defrauding bank

22 December 2014, 20:52

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