Stella Dimoko Bank Manager Remanded in Prison For N24m ‘Fraud’


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Wednesday, August 17, 2016

Bank Manager Remanded in Prison For N24m ‘Fraud’

The police Special Fraud Unit (SFU) Tuesday arraigned a former Diamond Bank Plc branch manager, Chinedu Oguike, at the Federal High Court in Lagos for alleged N24million fraud.

He was charged with three counts of conspiracy, obtaining money by false pretence and advanced fee fraud.
The defendant, who managed the bank’s Oyingbo, Ebutte-Metta, Lagos branch, was accused of obtaining the money from Ufomba Nnabugwu after promising to deliver a property in the Ijegun Egba area of Lagos to him.

Police prosecutor, Effiong Asuquo, said Oguike committed the alleged offence in 2014, adding that it contravenes Section 8(a) of the Advance Fee Fraud and Other Fraud Related Offences Act 2006.

Oguike was also accused of preparing phony loan facility documents for himself.
He was said to have used the name of Edwin Ezeakachukwu and the Ijegun Egba property as collateral, to the victim’s detriment.
The defendant pleaded not guilty to the charge.

Defence counsel, John Itodo, applied for his bail, adding that the case had been pending at the magistrate’s court for two years.
He said: “We were at the magistrate court this morning for continuation of hearing when the prosecutor said they were withdrawing the case to re-file it at the Federal High Court. When we got outside, he just said we should proceed to the Federal High Court right away, and we didn’t have any objection about that.”

He added that the accused had been on bail and did not violate the administrative bail granted him by the police.
Asuquo opposed the application on the basis that the defendant did not file a proper motion for bail.

Justice Abdulazeez Anka ordered that Oguike be remanded in prison until his bail application is considered.
He adjourned until October 6 for trial.

The Nation

*Why are these bank managers spending people's money?What is going on?This week alone,i have heard so many stories that it would be better if one digs a hole at home to safe keep monies .....


  1. What of politicians???? Are they allergic to prison????

  2. Oga, Why bring this mess upon yourself?

    #My time, my money, my family and my respect are not to be fucked with.

  3. The quest to amass wealth one n his generation unborn can't finish. Its all about money so peeps are doing all sorts to make it

    1. Some of these bankers live beyond their means so they end up doing all sorts to keep up with their lifestyle.

      It is a known fact that some of these robberies in the bank are engineered by bank staff.

    2. Whirlwind true talk. Ojukokoro things.

  4. What a pity. Diamond bank pays well now. Oga manager you have disgraced your family and community.


  5. Bankers and prisons are like five and six.

  6. Na allegations. That is why courts are there. Since Stella began blogging hin forget all the rudiments of journalism! Henceforth, u're worthy of being called a journalist as much as Linda u-know-who!

    You banker, ur turn!

    Rarely is there smoke without fire, even if na spark. Wash ur hands, if u're innocent may God see u thru. If not...

    Oga judge, person dey on bail for over 2 years, e no run, hin appear for court on invitation, why now remand in prison? Prison wey don already full??

    BeeVees, any of una do Church or NGO outreach to any prison before?? Hmmmm. Nobody fit reform for there o, naija prison na government funded academy to breed criminals!

    NDE wo umu blog!

    1. Hahahhahahahaha
      Look who is here!
      Sweeerie! Sup Boo!
      Who taught u Ndewo? πŸ˜‚

  7. Hian!

    Ndi ori everywhere...

    **Som Baby**

  8. Abeg not all Bankers are robbers......... do not give the profession a bad name.
    There is no organisation fraud doesn't take place, be it Hospitals where dey admit ppl without cause just to give glucose in drip dat isn't needed,or school principal stealing from bursary.
    This doesn't excuse d offence bcos quite simply some bankers over do it. They have all sorts of loans running dat they cant keep up. Car loan, generator loan, washing machine loan. Some wld even be lookn for a way to borrow just to take family on summer vacation.
    They shld make him refund that money to d customer, den go to prison.

  9. Good for him ......still next time

    1. Next time? He can never work in a financial institution


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