Wednesday, July 18, 2012

EFCC arraigns 5 bank staff in Asaba overalleged N55m fraud

Asaba—FIVE staff of an old generation bank, have
been arraigned before a Delta State High Court
sitting in Asaba by Economic and Financial Crimes
Commission, EFCC, over alleged conversion of N55
million customers' fixed deposit into personal use.
They were arraigned on an eight-count charge
under Section 390 of the Criminal Code Cap 17 Vol
2 Laws of Delta State of Nigeria.
The accused, Mrs. Nwakaego Oke, a nursing
mother, Mr. Wilson Nwajei, Collins Monday Ehiedu,
Habib Momoh and Olakunle Abiodun, all pleaded
not guilty to the charge.
The trial judge, Justice C. Ogisi, remanded the
accused in prison custody and adjourned further
hearing in the matter till September 26.
In a another development, an Asaba Chief
Magistrate's Court, has sentenced a commercial
motor cycle rider, commonly known as Okada,
Edwin Asoro to six years imprisonment for
threatening to kidnap a Sapele-based businessman
along with his entire family members unless the
businessman paid N1.5 million ransom upfront.

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