An Akure Chief Magistrate Court has remanded a 43-year-old bank manager, Fatai Aguntasolo at Olukuta prison custody for allegedly stealing N12 million given to him to load into the bank’s Automated Teller Machine (ATM).

The accused person, who is the manager of a new generation bank, is facing charges of stealing and fraudulent conversion of N12 million to his own personal use.

It was gathered that the accused person committed the offence at Ido-Ekiti cash centre of Skye Bank Plc under the Akure Regional Office, in Akure Magisterial District on July 8, 2015.

The accused person pleaded not guilty to the charge when it was read to him.

The Police Prosecutor, Inspector Ajibola Aderemi prayed the court for an adjournment of the case to enable him assemble his witnesses and study the case file.

Counsel to the accused person, Barrister Ajayi Adeolu urged the court to grant his client bail in most liberal terms assuring the court that he would not jump bail if the application is granted.

Besides, he reiterated his readiness to provide a credible and reliable surety who would stand for the accused person.

The prosecutor, however, opposed the bail application on the ground of the nature of the charge and possibility of influencing the witnesses.

The Magistrate, Mrs. Olayinka Omole, in her ruling granted the prosecutor ‘s application and ordered that the accused person be remanded in Olukuta prison custody.

She, thereafter, adjourned the case till October 7, 2015 for continuation of hearing.

http://dailypost.ng/2015/10/06/bank-manager-remanded-for-allegedly-stealing-n12m/

Life begins at 40 They say now he waited 3 more years to begin his life by stealing from the ATM...

Looking at it in another way, he has started a new life at 40.

Ole nla