Friday, 17 May 2013

CROOKED BANKERS: EFCC Arraigns Two for N16m Fraud



The Economic and Financial Crimes Commission, EFCC, on Thursday May 16, 2013 arraigned the duo of Olisaemeka Onyeka and Dike Chukwunenye before Justice I. L. Ojukwu of the Federal High Court, Awka, Anambra State on a 17- count charge of criminal conspiracy, fraud and forgery.
 The accused persons who were business manager and account officer respectively in the Trans Ekulu, Enugu branch of the United Bank for Africa are said to have between 2009 and 2010 conspired and forged documents to obtain a loan of N16 million illegally from the bank customers’ accounts.
The accused persons pleaded not guilty when the charge was read to them.
G. C. Enekwechi, counsel to the first accused asked the court to grant his client bail as he had filed an application for bail. Johnson Ojogbane, the prosecuting counsel did not object to the application.
Justice Ojukwu granted bail to the 1st accused person in the sum of N1 million and a surety who must be a civil servant residing within the court’s jurisdiction. The surety is also to provide his tax payment receipts from 2010 till date, 2 passport photographs, his appointment and last promotion letters.

Counsel to the second accused, H. N. C. Muoghalu, also asked the court to grant his client bail. However, the prosecuting counsel objected to the application on the grounds that he has not been served.
Justice Ojukwu adjourned proceedings to May 30, 2013 for hearing.
Wilson Uwujaren
Ag. Head, Media & Publicity

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