Akanbi, who was docked before Magistrate M. O. Olubi of an Ebute Meta Magistrates’ Court, is facing a 63-count charge of fraud and making false entries in the bank’s account books.
The accused, an accountant/auditor with First Registrar, however, pleaded not guilty.
The accused was alleged to have fraudulently transferred some money from the accounts of the micro-finance bank with First Registrar, a subsidiary of First Bank Plc, to his personal account.
The prosecutor, Insp. Samuel Omoyeni, said Akanbi committed the offences at First Registrar’s Office at Orile-Iganmu Branch at various times in 2010 and 2011.
He said the accused had defrauded and impoverished more than 60 people.
``We are looking at more than 60 people that Akanbi had defrauded and brought untold hardship on them by his actions.
``From investigations, the accused, who supposedly earns N50,000 monthly, owns two houses in Lagos and a fleet of cars,’’ Omoyeni told the court.
He said the offences contravened Sections 285 (7) and 335 of the Criminal Code, Laws of Lagos State.
Omoyeni urged the court not to grant the accused bail, saying ``he is likely to jump bail because he has acquired enough money to sustain himself in his hideout’’.
In his ruling, Olubi granted the accused bail in the sum of N2 million with two sureties in like sum.
The magistrate said one of the sureties should be a civil servant on GL 10 and above while the other should be a community leader with a landed property in Lagos.
The case was adjourned to Sept. 19 for trial.
No comments:
Post a Comment