Banker in court over alleged N753,200 theft
Judiciary
A staff of a Micro-Finance Bank in Lagos, Ifeanyi Odum, on Thursday appeared in a Magistrates’ Court in Ogudu, Lagos, for allegedly stealing N753,200 from his employer.
Odum, 33, who resides in Ikorodu area of Lagos, is charged with two counts of obtaining under false pretenses and theft.
He, however,pleaded not guilty to the charges.
The Prosecutor, ASP Rita Momoh, told the court that the defendant committed the offence on May 25 and June 3 at Kosofe area of Lagos.
Momoh alleged that the defendant collected the N711,500 as loans for two customers but failed to give them.
He said the bank discovered that there were some discrepancies when customers reported that their loans were being delayed.
Momoh said the offence contravened the provisions of sections 287 (7) and 314(1) of the Criminal Law of Lagos, 2015.
The News Agency of Nigerian (NAN) reports that Section 287 (7) stipulates seven years jail team for stealing from one’s employer.
Magistrate Ejiro Kubeinje admitted the defendant to bail in the sum of N100, 000 with two sureties in like sum. Kebeinje adjourned the case until Aug. 8 for mention. (NAN)
– Jul. 9, 2020 @ 14:25 GMT |
Related Posts
Alleged money laundering: Court temporarily freezes 21 bank accounts, orders holders’ arrest
A Federal High Court in Abuja on Friday, ordered the temporary freezing of 21 bank accounts domiciled in some commercial...
Read MoreAlleged fraud: Court to rule on detained oil magnate’s bail application Jan. 8
A Federal High Court in Abuja on Tuesday, fixed Jan. 8, for ruling on a bail application filed by Akindele...
Read MoreMagistrate orders man to sweep court premises for 40 days for stealing wallet
A Kaduna Chief Magistrates’ Court on Tuesday ordered a 23-year-old man, Rabiu Gambo, to sweep the court premises for 40...
Read MoreMost Read
Subscribe to Our Newsletter
Keep abreast of news and other developments from our website.