June 15, 2016
How Ecobank Manager Fraudulently Withdrew Customers’ N14m
The operational manager of Ecobank of Nigeria, Ejigbo branch, Akhanenu Ikechukwu, 41, has been sent to prison for allegedly withdrawing N14,014.157 from the account of two customers of the bank without bank permission.
According to the police, Ikechukwu acted with one Nduka Stephen, his partner in crime. However, they were caught after the bank audited its account and discovered the fraud. The two were arrested by the police after the bank management invited the police to investigate the matter.
After investigation by Sergeant Ijatuyi Tope and his team, the suspects were arraigned before an Igbosere Magistrates’ Court, Lagos on Monday on a four-count charge of felony to wit fraud, forgery and stealing.
Speaking about the incident, Police prosecutor, Inspector Igonbo Emby informed the court in charge No F/34/20/2016 that the accused persons committed the alleged offence between September and November 2015 during working hours.
It was gathered that Ikechukwu used his position as the operational Manager of EcoBank, Ejigbo branch to fraudulently withdraw N10m from Account No. 2741128259 belonging to a customer of the bank, Rabiu Oladimeji Lawal, and N4m from another account with forged documents and transferred the money into his accomplice’s account from where they allegedly withdrew the money and shared it.
Emby said the offences are punishable under sections 409, 361(B), 285(7) of the Criminal Laws of Lagos State, 2011. The accused persons pleaded not guilty to the allegations and Magistrate P.A. Adekomaiya admitted them to bail in the sum of N3m each with two sureties each in like sum.
Adekomaiya adjourned the case till 11 July, 2016 for mention, while the defendants were taken to Ikoyi Prison, Lagos pending when they will fulfill their bail conditions.