FRAUD: DIAMOND BANK STAFF IN JAIL FOR N111.2 MILLION FRAUD

Justice Mohammed Yunusa of a Federal High Court, Lagos, yesterday remanded a Diamond Bank employee, Obioha Okengwu, a graduate of Abia State University, at Ikoyi Prisons for allegedly defrauding the bank of N111.2 million.

According to Prosecutor, Effiong Asuquo, the accused committed the offences between April and August 2014 in Lagos, while working in the e-Business unit of the bank, handling daily settlement entries of transactions done on Point of Sales (POS) and Automated Teller Machine (ATM). He said the accused unlawfully credited huge sums of money into his family’s account instead of the bank’s accounts.

“At different times, N37million and N41. 4 million was lodged into two accounts owned by one Uchenna Okengwu.

“The accused also credited the sum of N10 million into the account of one Rosamund Okengwu and N9.5 million paid into one Chukwuemeka Okengwu’s account.”

The prosecutor urged the court to remand the accused in prison pending the commencement of trial.

The offences contravened Sections 20, 27 (b) and 30 (1) of the Cybercrime (Prohibition, Prevention) Act, 2015.

The accused pleaded not guilty to the charges.

The case has been adjourned to Sept. 22 for hearing of the bail application.

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