Tag: bank fraud

EFCC Arraigns Bank Manager, 3 others for N129m Fraud

Emporium Reporters

The Enugu Zonal office of the Economic and Financial Crimes Commission, EFCC on Tuesday March 27,2018 arraigned one Nwachukwu Placidus, a former manager of First City Monument Bank Ltd, Onitsha Branch and three former bankers with Idemili Micro Finance Bank Ltd, Nnewi namely; Ohaegbunam Chinyere,Egbosi Chiemenam and Nkeiru Okeke before Justice Ike Agu of the Anambra State High Court on a 12–count charge of stealing, conversion and obtaining N129,000,000 by false pretence. The first defendant, Placidus allegedly diverted funds received from Idemilli Micro Finance bank meant to be placed as…

How Lagos Banker Stole N700m From Customers- EFCC

Emporium Reporters

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Office, on Monday, February 26, 2018, arraigned one Nsa Ayi before Justice Mojisola Dada of the State High Court sitting in Ikeja, Lagos on an 11-count charge bordering on fraudulent false accounting to the tune of N700 million, an offence contrary to Section 335(a) of the Criminal Law of Lagos State of Nigeria, 2011. The defendant, a former Relationship Officer, Coronation Merchant Bank, allegedly connived with unknown parties to move funds using customers’ electronic instructions meant for investment in the Federal…