Bank cashier in court for N8million fraud
A cash officer with United Bank for Africa, UBA, Adankolo branch, Lokoja in Kogi State of Nigeria, Helena Chinelo Odogwu, has been arraigned before Justice Ajileye on a one-count charge bordering on theft and misappropriation of N8 million ( Eight Million naira) only.
Tony Orilade, spokesman for EFCC said, a petitioner had alleged the defendant to have stolen from the vault and misappropriated the said sum of money when she was the cash officer.
He stated further that in the course of the investigation, detectives discovered that N8m was missing from the vault and the defendant manipulated the record of the bank to conceal the fraudulent act.
The charge against the accused reads: “That you Helena Chinelo Odogwu on or about the 17th day of July, 2018 in Lokoja within the Jurisdiction of this Honourable Court while being the cash officer of Adankolol branch of United Bank of Africa (UBA) Lokoja, stole the sum of Eight Million Naira (N8, 000,000) being money belonging to the United Bank for Africa and thereby committed an offence contrary to Section 286 of the Penal Code Law and punishable under Section 287 of the same Act.”
The defendant pleaded “not guilty” to the charge and was thereafter admitted to bail in sum of N5m, one surety in like sum and that the surety must not be below the level of a principal officer.
Matter thereafter adjourned to December 13, 2018 for hearing.
