A new generation banker, Oyeyemi Mashood in Ilorin is to remain in prison custody till June 5, 2018 for defrauding customers to the tune of N2, 972, 000.
READ ALSO: SDP rejects Senator Iyiola Omisore says “…we do not have your record as a member.â€
The order was given the Chief Magistrate of an Iloring Magistrate Court, Mrs. Kudiraat Yahaya.
The accused is standing trial on three counts of criminal breach of trust, cheating and misappropriation to which he pleaded not guilty.
Earlier, the Prosecutor, Insp. Mathew Ologbonsaye, told the court that the suspect diverted the customers’ deposits to MMM, Twinkas and Lupas Ponzi schemes, without the consent of the bank management or the customers.
READ ALSO: Don’t contest for 2019 elections, Northern Coalition rejects Buhari/Atiku, presidency reacts
Ologbonsaye said the suspect was arrested on May 9, following the report by the Auditor of Fidelity Bank, Taiwo Branch, Ilorin, which showed that he diverted the customers’ money to his own use.
He said that the bank discovered the fraud as a result of complaints from the bank customers – Chioeze Ventures and Chijoke-Ife Noble – that their account did not reflect the amount deposited in the recent time.
READ ALSO: Ekiti 2018: Crisis rocks Ayodele Fayose camp in Ekiti as close aide resigns
The prosecutor said that the offences contravened Sections 312, 322 and 309 of the Penal Code and urged the court to remand the accused in prison pending the outcome of investigation.
(NAN)
www.sojworld.com © May 22, 2018
Leave a Reply