Banking & Finance

Top Access Bank Staff, Others Arraigned For Stealing N3.5 Billion

Some notable Access Bank staff alongside others have been arraigned for allegedly stealing up to the tune of N3.5 billion from the bank.

Michael Igbomins, David Onyeike, and Moses Iruolaja have been arraigned before Justice Olubunmi Abike-Fadipe of the Special Offences Court sitting Ikeja, Lagos for allegedly stealing N3.5 billion from Access Bank and retaining the proceeds of crime.

BrandNewsDay reports that the Economic and Financial Crimes Commission (EFCC) arraigned the trio on a two-count charge bordering on stealing and retention of proceeds of crime.

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The EFCC counsel, Mr Abdulhamid Tukur, told the court that the accused allegedly committed the offences sometime in 2023, in Lagos, with dishonest intent, stole and converted to their use the sum of N3, 473,166,731 billion, property of the bank.

The EFCC also alleged that the defendants retained the said amount of money, the proceeds they knew to have been from unlawful acts.

A bank staff plugged an HP Elitebook laptop into his branch network where he has been working for about 16 years in the IT department.

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He gave them remote access to his cohorts so they could perpetrate the fraud on the bank’s network. 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.

 

RECOMMENDED: Two Access Bank Staff Bagged Three Years Jail Sentence For Removing N9.4m From Customer’s Account

 

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

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

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