First Bank manager arraigned for allegedly stealing N52.6million

A Customer Relations Manager with the First Bank Plc headquarters, Kehinde Adewuyi, 36, has been arraigned before a Lagos Magistrate Court for allegedly stealing N52,628,000 from his employer’s account.

It would be recalled that a businesswoman, Wuraola Folashade Oluloye, had also been arraigned for hacking a First Bank Plc account and stealing a customer’s N16.2million.

Adewuyi was arrested by the police at the Lion Building Division, Lagos, following a complaint by the management of First Bank Plc through the Head of the Forensic Auditors, Solomon Akhanolu, PM News reports.

The fraud was uncovered when First Bank audited their account books.

The financial institution reported the matter to the DPO in charge of Lion Building Division, who deployed his team led by Inspector Chibuzor Okoro to arrest the accused.

Adewuyi, a resident of Onyema Close, Medina Estate, Gbagada, Lagos, was charged before the Igbosere Magistrate Court on a three-count charge of stealing.

Police Counsel, Reuben Solomon, told the court in charge No H/28/2019 that the accused committed the alleged crime with two others at large between February and March 2019 at First Bank Plc headquarters, Lagos during working hours.

Solomon informed the court that the accused forged the signatures of the Relationship Manager, Mobolaji Sunmoni and the Group Head, Ademola Adegbusi, to fraudulently withdraw the money from the account of his employers.

He said the offences, the accused committed were punishable under section 411, 365 (1) and 287 (7) of the Criminal Law of Lagos State, 2015.

The accused, however, pleaded not guilty to the alleged offence in the open court and Magistrate M. A. Davies granted him bail in the sum of N250,000 with two sureties in like sum.

Davies adjourned the case till 25 June, 2019 for mention and ordered that the defendant be kept at the Ikoyi Prison, Lagos till bail conditions are met.