Banker arraigned by EFCC for Stealing Customers N700 million

By Editor on 28/02/2018

Share on facebook Yahoo mail icon Gmail icon

Views: 833

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...
El-Rufai lied over killing of 66 Kaduna residents...

Jonathan, Atiku, Dickson explain why Buhari should go...

Killings: Gowon demands arrest of Miyetti Allah leadership...

Credible 2019 polls: Flush out Yakubu, Zakari from...

Ohanaeze youths warn IPOB against disrupting Igbo summit...

PRESIDENT MUHAMMADU BUHARI’S 2018 NEW YEAR ADDRESS

President Buhari appoints NERC Chairman, Others

Enugu govt awards additional NI.I70bn road contracts

PDP asks INEC to proscribe ‎APC

Boko Haram attacks another Army base, kills soldier,...

Boko Haram: Angry soldiers ground Borno Airport, threaten...

Customs confiscates 12 exotic cars

 

Latest News Election Postponement: INEC Chairman has many questions to answer --ABC Nwosu TI doubts safety, integrity of electoral materials El-Rufai lied over killing of 66 Kaduna residents — CAN, NEMA INEC slams door on PVC collection, campaigns before Feb 23 Nigerians ‘ll vote out Buhari on February 23, despite election postponement – Wike Troops kill 37 bandits, lose 6 soldiers in Zamfara NASS postpones resumption Gunmen kill APC chieftain in Benue No elections in Rivers without our candidates, APC vows INEC postpones Nigeria elections, announces new dates, gives reasons PDP rejects shift in election dates, asks INEC chair to resign Gunmen kill 66 people in Kaduna

 

Most Read NAFDAC eases processes, cost of registering products for MSMEs (7,598 views) Full Text of Governor Ifeanyi Ugwuanyi’s 2016 Budget Speech (6,392 views) Ex-Heads of State will protect Jonathan from persecution —Kukah (6,092 views) IPOB: ‘We need urgent clarifications on Nnamdi Kanu’s status, whereabouts’, UK Govt tells FG (5,583 views) ASUU strike: Senate intervention ends in deadlock (5,461 views) Ex-governor Adebayo, Keyamo, Arise, others get board appointments (4,545 views) Prince Arthur Eze canvasses support for Buhari, Ugwuanyi (4,436 views) Ugwuanyi commends FG’s siting of ICT University in Enugu (4,367 views) Anambra: INEC releases 37 candidates for Nov poll (4,316 views) Nigeria ripe for Restructuring Now – Nwodo in Chatham House (4,307 views) Buhari has disappointed Nigerians – Arewa Youth Forum (4,274 views) Quit notice: Kaduna Govt obtains bench warrant against Northern youths (4,195 views)

 

SECTIONS NEWS (823) EDITORIAL (6) POLITICS (412) SOCIETY (104) SPORTS (13) BUSINESS (240) HEALTH (16) EDUCATION (20) ENTERTAINMENT (8) INTERNATIONAL (31) TECHNOLOGY (1) COLUMNISTS (0) LETTERS (0) OPINION (10)

 

 

Julius Agwu - Crazy Interview Demands