EFCC Arraigns Banker for N10m Fraud

The Economic and Financial Crimes Commission, EFCC, on Monday, November 18, 2013 arraigned a banker, Chika Tony Odigbo before Justice D. Z. Senchi of the Federal Capital Territory High Court, Abuja on one count charge bordering on obtaining money under false pretence.

The complainant, Mr. Ademola Oluwayemi allegedly gave the accused, Chika Odigbo, a staff of Intercontinental Homes Limited (now Access Bank) the sum of N10,000,000.00 (Ten Million Naira) to open a fixed deposit account which the accused told him was a criteria for buying a house from the said bank. The accused allegedly converted the whole sum to his use.

The count reads,  “That you Chika Tony Odigbo, on or about the 15th day of June, 2012 at Abuja in the Abuja Judicial Division of the High court of the Federal Capital Territory, being entrusted with the sum of, N10,000,000.00 (Ten Million Naira Only) by one Mr. Ademola Oluwayemi of shop 16 Omega Centre, Wuse 11, Abuja to open a fixed deposit account for him with the Intercontinental Homes Limited did dishonestly converts to your own use the said sum and thereby committed an offence punishable under Section 312 of the Penal Code Act Cap 532, Laws of the Federation of Nigeria ( Abuja) 2004”.
The accused pleaded not guilty when the charge was read to him.
In view of his plea, the prosecuting counsel, Aisha Ibrahim asked the court to fix a date for the commencement of trial. Responding, the defence counsel, Oladimeji Ekengba urged the court to admit his client to bail.
Justice Senchi granted bail to the accused in the sum of Two Million Naira Only (N2, 000, 000.00) and one surety in like sum.
The case has been adjourned to February 3, 2014 for commencement of trial.