A 46-year-old named Saheed Abayomi, has been arraigned at the Lagos Magistrate Court for allegedly conniving with a former Branch Manager of the Apapa branch of Ecobank who is currently on the run, identified simply as Theresa, to fraudulently withdraw the sum of N482 million from the bank.
According to Police, the manager issued fake certificates to customers of the bank who deposited huge sum of money in their fixed deposit accounts to assure them that their savings was safe then used the accused’s Ecobank account to transfer money from the customer’s account to hers.
The fraud was uncovered by the bank management after they audited the account books of the Apapa branch of the bank and reported the incident to the Divisional Police Officer, DPO in charge of Ikoyi Prison, Ikoyi, Lagos, Tijani Mustaphe N’Abba, who directed his team led by Inspector Tope Ifafuyi to fish out the suspects involved in the alleged fraud.
They added that Abayomi was followed and captured at his residence in Ajegunle, Lagos and then the police visited the home of Theresa at Okota territory of Isolo, Lagos to arrest her, where they discovered that she had hurriedly packed out and was on the run.
During investigation, Abayomi allegedly told the police that he opened an account with the Apapa branch of Ecobank through Theresa, but that he was shocked that the manager suddenly changed his name in the account with another person’s name.
Abayomi was charged before the Igbosere Magistrate Court, Lagos of conniving with others still at large to fraudulently withdraw the sum of N400m from Ecobank account and impersonating one Garba Musa, a customer of the bank to fraudulently withdraw the sum of N82m from his account.
Police counsel, Reuben Solomon informed the court in charge No M/114/2018 that Abayomi and others still at large committed the offence between April and May, 2018 at Ecobank Plc in Lagos.
Solomon told the court that the accused connived with the fleeing manager of the Apapa branch of the bank to fraudulently steal the sum of N482m from the bank. He added that the offences committed were punishable under Sections 411, 323 and 285 of the criminal laws of Lagos State, 2015.
The accused, however, pleaded not guilty to the alleged offence and Magistrate A. M Davies granted him bail in the sum of N500,000 with two sureties in like sum.
Davies adjourned the case till 7 January, 2019 for mentioned and ordered that the defendant be kept at Ikoyi Prison Lagos till he perfected the bail conditions.