Nigerian CommunicationWeek

Bank Manager Arraigned for Allegedly Stealing First Bank’s N52.6m

Kehinde Adewuyi, a customer relationship manager with First Bank of Nigeria has been arraigned before the Igbosere Magistrates’ Court for allegedly converting the sum of N52,628,000 from his employer’s account to his personal use.

 

The 36-year-old suspect was arraigned on three counts bordering on stealing.

 

The suspect was arrested by policemen from the Lion Building Police Division following a complaint by Solomon Akhanolu and Owei Chris, the bank’s forensic auditors.

 

According to the police, the alleged fraud was discovered when the account was audited, which revealed that the accused had defrauded the lender to the tune of N52,628,000.

 

The police prosecutor, Reuben Solomon, told the court that Adewuyi committed the crime with two others at large between February and March 2019 at the bank’s headquarters in Lagos.

 

Solomon also alleged that Adewuyi forged the signatures of Mobolaji Sunmoni, relationship manager, and Ademola Adegbusi, group head, to fraudulently withdraw the money from the bank’s account.

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