For Allegedly Stealing N3.5 billion from Access Bank and retaining the Proceed Of Crime, three men – Michael Igbomins, David Onyeike and Moses Iruolaja – have been arraigned before Justice Olubunmi Abike-Fadipe of the Special Offences Court sitting Ikeja, Lagos.

The Economic and Financial Crimes Commission (EFCC) arraigned the trio on two-count charge bordering on stealing and retention of proceeds of crime.The EFCC counsel, Mr. Abdulhamid Tukur, told court that the accused allegedly committed the offences sometimes in 2023, in Lagos, with dishonest intent, allegedly stole and converted to their own use the sum of N3, 473,166,731 billion, property of Access Bank.

The EFCC also alleged that the defendants retained the said amount of money, the proceed they knew to have been from unlawful act.An Access Bank staff plugged an Hp Elitebook laptop into his branch network where he was working for about 16 years as an IT representative with the bank. He gave them remote access to his cohorts for them to perpetrate the fraud on the network of the bank. He employed other defendants and moved money out through them.

According to the anti-graft commission, their offences are contrary to the provision of Section 17 of the EFCC Establishment Act, 2004 and Section 280 of the Criminal Laws of Lagos State 2015.

They all pleaded not guilty to the charge read to them.

Following their not guilty plea, Tukur prayed the court for a trial date and urged the court to remand the defendants in correctional facility.

However, the defendants counsel, Mr. M. S. Amosun and Mr. I. O. Lala informed the court that there was no pending application before the court but they prayed that they would do the needful before the next adjourned date.

The trial judge, Olubunmi Abike-Fadipe, remanded the defendants in Ikoyi Custodial Centre pending the hearing and determination of their bail application.

Abike-Fadipe, however, adjourned the case until 28 November for commencement of trial.

Source: https://www.thisdaylive.com/index.php/2024/06/08/efcc-arraigns-three-for-allegedly-defrauding-access-bank-of-n3-5bn/

We Are Expert In Publishing EFCC MATTER

This is why access bank customers account are vulnerable to hackers.There are insiders of the bank who are aiding and abetting fraudulent activities with customers account.
The banks are covering for their criminal staff.

I know a bank that aids yahoo

Omo this is the implication, people eyes are big cos we scared of tomorrow

Oh, I thought they said it's only crypto that can be used to perpetrate fraud of this magnitude Other forms of currency are "saints" ! Maybe we should ban Naira next...

Billions...life imprisonment if guilty please

Good one

Ebi like say today na EFCc fun day on nairaland....

chiefolododo:
I know a bank that aids yahoo

You Don Mean Am?

T

Ibo Amaka

Go straight to jail.

Okay

Life

Five Months before trial commences again. Smh. I hate thieves. Dem go hear am.

3.5 billion.

Bread!

Flat head criminals

these names are from a particular region of the country!3.5bn isnt chicken fee!most of these bank staffs are worse than criminals!!

you see them going to village to display affluence and oppressing legit hustlers

shortgun:
They should all rot in jail if found guilty

Many bank staff are accomplice.

chiefolododo:
I know a bank that aids yahoo

A fishes'mouth is it's albatross''

Bank staff na thieves. You go see small boy wey start bank work the other day e don buy car come begin build house and him mates for street go dey wonder whether their own God different...

Xwizard:
Omo this is the implication, people eyes are big cos we scared of tomorrow

Oga people be thieves just like their leaders

Cc

Michael Igbomins
David Onyeike
Moses Iruolaja
Group of debelopas
I have no other comment.

This is a serious shit! Very bad for the bank reputation.