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Banker in court over alleged N753, 200 theft

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Banker in court over alleged N753, 200 theft


A staff of a Micro-Finance Bank in Lagos, Ifeanyi Odum, on Thursday appeared in a Magistrates’ Court in Ogudu, Lagos, for allegedly stealing  N753,200 from his employer.

Odum, 33, who resides in Ikorodu area of Lagos, is charged with two counts of obtaining under false pretenses and theft.

He, however,pleaded not guilty to the charges.

The Prosecutor, ASP Rita Momoh, told the court that the defendant committed the offence on May 25 and June 3 at Kosofe area of Lagos.

Momoh alleged that the defendant collected the N711,500 as loans for two customers but failed to give them.

He said the bank discovered that there were some discrepancies when customers reported that their loans were being delayed.

Momoh said the offence contravened the provisions of sections 287 (7) and 314(1) of the Criminal Law of Lagos, 2015.

The News Agency of Nigerian reports that Section 287 (7) stipulates seven years jail team for stealing from one’s employer.

Magistrate Ejiro Kubeinje admitted the defendant to bail in the sum of N100, 000 with two sureties in like sum.

Kebeinje adjourned the case until Aug. 8 for mention.

Edited By: Edith Bolokor/Sadiya Hamza (NAN)

Ngozi Njoku: is a graduate and a professionally trained journalist, with experience in national news reporting/editing and verification at the News Agency of Nigeria. NNN is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor[at]nnn.com.ng

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