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Cash collector bolts away with N1.16m

A 27-year-old staff of a microfinance bank at Ikeja, was on Wednesday arraigned over a N1.16 million fraud. Jumoke Alausa, who is facing a one-count charge of stealing at an Ikeja Magistrate’’s Court, was alleged to have defrauded Fatima Gold Ltd of the money.

The prosecutor, Insp. Berth Nwokenye, told the court that the accused used her position as the bank’’s daily cash collector to perpetrate the crime. “As an officer of the bank, she collects cash daily from customers at their offices and shops and failed to remit the monies and credit their individual accounts,’’ he said.

Nwokenye said the offence which was committed between July 2009 and Jan. 2010 at 13, Ogundana Str., Ikeja, contravened Section 390 (6) of the Criminal Code, Laws of Lagos State. The Magistrate, Mr Teslim Elias, granted the accused bail in the sum of N200, 000 with two sureties in like sum and adjourned the case till May 5 for further hearing. The accused, if convicted, may be sentenced to seven years imprisonment.


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