Banker arraigned by EFCC for Stealing Customers N700 million

By Editor on 28/02/2018

Share on facebook Yahoo mail icon Gmail icon

Views: 719

Nsa Ayi
Nsa Ayi

The Economic and Financial Crimes Commission (EFCC) Lagos Zonal Office, on Monday, February 26, 2018, arraigned one Nsa Ayi before Justice Mojisola Dada of the state high court sitting in Ikeja, Lagos on an 11-count charge bordering on fraudulent false accounting to the tune of N700,000,000.00 (Seven Hundred Million Naira), an offence contrary to Section 335(a) of the Criminal Law of Lagos state of Nigeria, 2011. 
 
The defendant, a former relationship officer, Coronation Merchant Bank, allegedly connived with unknown parties to move funds using customers’ electronic instructions meant for investment in the Federal Government of Nigeria (FGN) Bonds, Treasury Bills and Fixed Deposits.
 
The defendant was also said to have altered instructions and falsified signatures of customers to transfer money into various accounts outside the bank.
 
The money was allegedly transferred in tranches into the defendant’s Guaranty Trust Bank account No. 0001600855 as well as his Zenith Bank account No. 1002771899. 
 
“That you, Nsa Ayi, on or about 4th day of February, 2015, being an employee of Coronation Merchant Bank, in Lagos within the Lagos Judicial Division with intent to defraud, falsified account No. 1990000158 belonging to African Alliance Insurance Plc in possession of your employer by debiting the said account to the tune of N172, 076, 712.33, using an instruction which you purported to have been issued by the said African Alliance Insurance Plc.” 
 
Another count reads: “That you, Nsa Ayi, on or about 13th day of January, 2014, being an employee of Coronation Merchant Bank, in Lagos within the Lagos Judicial Division with intent to defraud, falsified account No. 2990001176 belonging to Ogunjemiyo E. Mascot in possession of your employer by debiting the said account to the tune of N4, 277, 000.00, using an instruction which you purported to have been issued by Ogunjemiyo E. Mascot.”
 
He however, pleaded not guilty when the charge was read to him.
 
In view of his plea, the prosecution counsel, Nnemeka Omewa, asked the court for a trial date and also prayed the court to remand the defendant in prison custody.
 
The defence counsel, B.A. Ayeni, informed the court of a pending application for bail on behalf of his client. 
 
However, in his response, the prosecution counsel, Omewa, opposed the bail application, saying that “he is a flight-risk who had plans to relocate with his entire family to the United States of America last year, if not for the timely response in arresting him by the EFCC.”
 
He further informed the court that there was no document showing that the defendant’s son was critically ill to warrant him being flown abroad for treatment. 

Posted 28/02/2018 06:39:33 AM

 

Share on facebook Yahoo mail icon Gmail icon


 

You may also like...
No gang-up can make us waiver –APC

INTERPOL, court issue fresh arrest warrants for Maina...

IPOB declares May 30 sit-at-home protest

Clear salary arrears before Christmas, Buhari tells govs...

Herdsmen attack: Police confirms death of 4 persons...

2019: Nwabueze, Nwodo, IPOB say Igbo not interested...

FG condemns killing of 58 unarmed Palestinian demonstrators...

2019: INEC registering foreigners to vote next year...

Controversy over Pastor who prayed at US Embassy...

Ex-Heads of State will protect Jonathan from persecution...

2019: APC campaign director defects to PDP, says...

Biafra Zionists leader, Onwuka, members arrested, whereabouts unknown...

 

Latest News INEC confirms Tambuwal as Sokoto PDP guber candidate Why I married Atiku – Titi Abubakar Atiku kicks off presidential campaign Monday Infrastructure: Buhari laying foundation for economic growth, says Fashola APC’s Olawuyi wins Kwara bye-election with 21,236 votes EEDC maps electricity network in South-East using GIS – Manager Benue: Ortom speaks on failed attempts to impeach him I’ll sell 90% of NNPC if elected – Atiku N13bn project: Why we dragged Ayogu to EFCC --Enugu community 2019: Buhari, Oshiomhole meet, set to announce APC campaign date CAN visits Buhari, says APC becoming corrupt politicians’ safe haven 2019: Don’t involve us in your devious propaganda – Enugu workers, traders tell Ayogu Eze camp

 

Most Read NAFDAC eases processes, cost of registering products for MSMEs (7,072 views) Full Text of Governor Ifeanyi Ugwuanyi’s 2016 Budget Speech (5,678 views) Ex-Heads of State will protect Jonathan from persecution —Kukah (5,397 views) IPOB: ‘We need urgent clarifications on Nnamdi Kanu’s status, whereabouts’, UK Govt tells FG (4,868 views) ASUU strike: Senate intervention ends in deadlock (4,765 views) Ex-governor Adebayo, Keyamo, Arise, others get board appointments (3,964 views) Ugwuanyi commends FG’s siting of ICT University in Enugu (3,746 views) Nigeria ripe for Restructuring Now – Nwodo in Chatham House (3,697 views) Prince Arthur Eze canvasses support for Buhari, Ugwuanyi (3,697 views) Anambra: INEC releases 37 candidates for Nov poll (3,661 views) Buhari has disappointed Nigerians – Arewa Youth Forum (3,648 views) Quit notice: Kaduna Govt obtains bench warrant against Northern youths (3,636 views)

 

SECTIONS NEWS (612) EDITORIAL (6) POLITICS (385) SOCIETY (104) SPORTS (13) BUSINESS (227) HEALTH (16) EDUCATION (16) INTERNATIONAL (30) ENTERTAINMENT (8) TECHNOLOGY (1) COLUMNISTS (0) LETTERS (0) OPINION (8)

 

 

Julius Agwu - Crazy Interview Demands