In News by Oluwaseun Samuel on the 07th, October, 2020

Story Of four Ex-Bankers Who Allegedly Duped Their Personal Financial institution Of N14.2 Million

Story Of 4 Ex-Bankers Who Allegedly Duped Their Own Bank Of N14.2 Million

The defendants docked earlier than Justice Peter Lifu had been, Aderinlowo Joseph, Oyinlola Abimbola, Sotomi Abosede, and Bello Rasaq.

File photograph

A report by Vanguard has proven that 4 former staffers of a microfinance financial institution had been on Wednesday arraigned earlier than a Federal Excessive Courtroom sitting in Osogbo, Osun state for allegedly duping the financial institution of the sum of N14,273,770.

The defendants docked earlier than Justice Peter Lifu had been, Aderinlowo Joseph, Oyinlola Abimbola, Sotomi Abosede, and Bello Rasaq,

The prosecutor, Mr. Francis Osei, informed the courtroom that the defendants dedicated the alleged offenses between 2016 and December 2019.

He alleged that the defendants who’re employees of Otan-Ayegbaju Microfinance financial institution collected the cash from clients with the intent to deposit the identical and transformed it to their private property.

The defendants pleaded not responsible to the four-count costs of conspiracy, stealing and cybercrime leveled in opposition to them by the Police.

Their Counsel, Mr. Bola Abimbola-Ige, urged the courtroom to permit the first to the third defendants proceed with the bail earlier granted them by the courtroom and prayed the courtroom to confess the 4th defendant, who was showing earlier than the courtroom for the primary time, to bail in essentially the most liberal time period.

Justice Lifu thereby granted the fourth defendant bail within the sum of N10m with two sureties in like sum.

The decide ordered that the defendant be remanded in Ile-Ife correctional heart pending the perfection of his bail, and adjourned the case to November three, 2020, for trial.

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