Categories: Local News

Former Banker, two others reportedly scams Stanbic-IBTC bank of N205M

Ajayi Olusola, a former staff of Stanbic-IBTC Bank has been arraigned in court by the police for allegedly defrauding the bank of a huge sum of money running into hundreds of million.

The accused was arraigned before Justice Abimbola Awogboro of the Lagos Federal High Court over claims of defrauding Stanbic-IBTC of N205 million.

The charges preferred against the defendant by the Police Special Fraud Unit include conspiracy, obtaining by false pretences, and unlawful conversation.

According to Punch, the prosecutor, Sylvester Azubuike, told the court that Olusola committed the scam while he was a staff of the bank between 2015 and 2021.

He also stated that Olusola collaborated with two other suspects – Ayodele Olaogun and Hakeem Abdulhadi – who are now at large.

Olusola pled not guilty to the 3-count charge and was admitted to a N50 million bail with sureties in like sum, as the case was adjourned till November 10, 2022.

It might interest you to know that fraudsters have been on the prowl lately, attacking the finances of bank customers using various sly methods.

Recently, customers of one of Nigeria’s tier-1 banks took to social media to narrate their sad ordeal after fraudsters wiped out their accounts.
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