Two former employees of a microfinance bank have been arraigned at an Ikeja Chief Magistrate’s Court for allegedly defrauding their employer of N8 million.
The accused, Samuel Olusola and Paul Fawole are facing a five-count charge of conspiracy, fraud, forgery and theft before Chief Magistrate D. T. Olatokun.
The police prosecutor, DSP. Haruna Ebhodaghe, told the court that the accused fraudulently obtained more than N1.5 million, property of the finance house, Aims Asset Management Ltd., using a fictitious name, Idowu Adepegba.
Ebhodaghe said the accused on three other occasions also conspired and defrauded the finance house of N2.5 million, N2.8 million and N1.2 million.
He said the men obtained the money by forging and using fictitious names and documents.
The accused, however, pleaded not guilty to the charges.
Olatokun granted the two accused bail in the sum of N500,000 each, with two sureties each in like sum.
She adjourned the case till August 11, for further hearing.
No comments:
Post a Comment