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Trial of bank official over alleged N24m fraud holds November 8


A Federal High Court, Lagos has fixed November 8, for the trial of a former manager of Oyingbo branch of Diamond Bank Plc, Mr Chinedu Oguike, over allegation of N24 million fraud.

The accused was arraigned by the Nigeria Police Force’s Special Fraud Unit in charge no. FHC/L/334c/16.

Police prosecutor and Assistant Superintendent of Police (CSP), Mr. Effiong Asuquo, alleged that the accused person while acting as the Manager of the Bank, something in 2014, conspired with others now at large, and obtained the sum of N24 million, from one Ufomba Nnabugwu.

Oguike obtained the money from the victim allegedly under false pretence of delivering a property located at Plot E-136, Adelaja Opesanwo Street, Ijegun-Egba, Satellite town, which is covered by a federal government’s Certificate Of Occupancy (C Of O) registered as no. 48, Page 48, volume 52, of the Federal Lands Registry Office, Ikoyi, dated August 25, 1999.

He also alleged to have used another person’s name, Edwin Obele Ezeakachukwu, to obtained a loan facility from the bank for himself, and used the above-mentioned property belonging to Ezeakachukwu, as collateral, at the detriment of the owner of the house.

The offences are said to be contrary to and punishable under sections 8(a), 1(1)(a)(3) of Advance Fee Fraud and other Fraud related Offences Act, 2006, and 1(2)(C) of the Miscellaneous Offences Act. Cap. M17, Laws of the Federation of Nigeria, 2004.

The bank manager had however pleaded not guilty to the charges and admitted to bail by the court.

Following his plea of not guilty, the prosecutor, CSP Asuquo, urged the court to remand the defendant in Prison’s custody, and fix a date for trial.

At the resumed trial of the bank manager on Friday, the prosecutor, CSP Asuquo, urged the court for a short adjournment to enable the prosecution to furnish the defence with the proof of evidence of the Criminal matter.

CSP Asuquo also informed the court that the prosecution has persons to witness against the bank manager in the said alleged criminal act.

Consequently, the trial judge, AbdulAziz Anka ordered the prosecution to ensure that all proof of evidence in the matter are given to the defence and adjourned the matter till November 8, for the commencement of trial.

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