The Special Fraud Unit (SFU) of the police on Wednesday arraigned two bankers, Akani Kehinde, and Mustapha Abdulwaheed, before an Igbosere Magistrates’ Court, Lagos, for allegedly stealing of N16.5 million from an Automatic Teller Machine (ATM).
Kehinde (34) and Abdulwaheed (29) were arraigned before Magistrate A.T Omoyele on a four-count charge of conspiracy and stealing.
The prosecution said the two, who were ATM custodian officers, stole the sum of N2.9 million, property of First Bank of Nigeria Limited.
They also allegedly diverted cheques worth N12.2 million which were meant for Leadway Insurance and converted it to their personal use.
They were further accused of stealing N1.4 million cash, property of the bank. The police prosecutor, Corporal Cyriacus Osuji, said: “The total sum of money stolen by the two accused persons was N16.5 million all belonging to their employer.”They allegedly committed the offence between last July and September at the bank’s Orile-Iganmu branch.
The alleged offence is contrary to and punishable under sections 285 (7) and 409 of the Criminal Law of Lagos State, 2011.
Kehinde and Abdulwaheed pleaded not guilty to the charges.
They were granted bail for N1million each with two responsible sureties each in like sum.The sureties, the magistrate said, must be gainfully employed and must show evidence of two years tax payment. Their addresses must be verified by the prosecutors.
The case was adjourned till February 2.
I just noticed two things....they always plead not guilty and the conditions for bail is stiff...two years tax payment keh?