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How 2 bankers allegedly stole N16.5m

By Onozure Dania

Lagos—A police prosecutor, Corporal Cyriacus Osuji, yesterday, told an Igbosere Magistrate’s Court, Lagos, how two bankers, Akanni Kehinde and Mustapha Abdulwaheed, allegedly stole N16.5 million, property of their employer, First Bank Nigeria Ltd., Orile, Lagos branch.

Osuji said that the defendants used their offices as the ATM custodian officers to steal N2.9 million; converted cheques worth N12.2 million meant for Leadway Assurance to their personal use and stole a cash sum of N1.4 million, all property of First Bank.

“The total sum of money stolen by the defendants was N16.5 million, all belonging to their employer,” Osuji stated.

The prosecutor told the court that the defendants committed the alleged offences between July and September 2015.

The suspects, who were docked before Magistrate A. T. Omoyele, pleaded not guilty.

Magistrate Omoyele granted them bail in the sum of one million naira each, with two responsible sureties each in like sum.

She said that the sureties must be gainfully emplo-yed, show evidence of two years tax payment, and their addresses verified.


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