A former employee of Wema Bank, Akinyele Ogunpola,40, was on Thursday docked in a Chief Magistrates’ Court, in Abeokuta, for allegedly stealing N70million from his employer.
The defendant, is charged with conspiracy and theft.
The Prosecution Counsel, Insp Olaide Rawlings, told the court that the defendant committed the offence in October 2021 at Wema Bank Oke-ilewo in Abeokuta.
She alleged that the defendant with one other at large, conspired and stole N70million belonging to Wema Bank
She explained that the defendant was an employee of the bank working in the marketing department, where loan is being disbursed to customers who applies for loan.
She said when customers apply for loans, the defendant would include addition money to the loan.
The offence, she said, contravenes sections 516 ,383(1) and 390(9)of the Criminal Code Vol.1 Law of Ogun 2006.
The defendant, however pleaded not guilty to the charge filed against him
The Magistrate, Mrs I.O Abudu, admitted the defendant to bail in the sum of N5million with one surety each in like sum.
Abudu added that the surety must be a relative or a civil servant and must show evidence of tax payment to the Ogun government.
She thereafter, adjourned the case until Dec 5 for hearing. (NAN)