First Bank Staff Steals N7m From Ondo Govt Account

By Modupe Gbadeyanka

An employee of First Bank Plc, Mr Momojimoh Abdumalik, has been accused of fraudulently withdrawing the sum of N6.964 million from the account of Ondo State Revenue Collection domiciled with the bank.

As a result, Mr Abdumalik has been arraigned before Justice Abdu Dogo of the Federal High Court, Akure, Ondo State.

He was taken to court on Thursday, January 10, 2019, by the Economic and Financial Crimes Commission (EFCC), Benin Zonal Office, on a one-count charge of fraud.

The accused person, a cashier with First Bank of Nigeria, was said to have committed the alleged offence at the Owo Branch of the bank in Ondo State between January and July 2018.

“That you Momojimoh Abdulmalik while being a cashier in First Bank Plc, Owo Branch, between January to July 2018 in Owo, Ondo State within the jurisdiction of this honourable court did fraudulently withdraw the aggregate sum of N6,963,929.61 only from Ondo State Revenue collection account domicile at First Bank Plc, Owo Branch, thereby committed an offence punishable under Section 390(6) of the Criminal Code Act CAP C38 Laws of the Federation of Nigeria 2004,” the read to the suspect said.

However, Mr Abdumalik pleaded “not guilty” to the charge and in view of his plea, the prosecuting counsel, Immaculate Elody, prayed the court to fix a date for trial.

But the defence counsel, Idedayo Olanipekun, informed the court that he had filed an application for bail before the court. He pleaded with the court to grant his client bail as he was a first time offender and has been granted administrative bail by the EFCC.

Justice Abdu Dogo after listening to both counsel, adjourned to January 17, 2019 for “ruling on bail application” and ordered that the defendant be remanded in prison custody.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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