Thursday, 8 May 2014

EFCC quakes over growing bankers in bank frauds










       
Management of Skye Bank will have every cost to give thanks to Economic and Financial Crimes Commission, EFCC, for stopping an attempt by the bank staffers to fleece their customers’ funds through their syndicate operating outside the banking halls.
 Five persons, including staffers of the Skye bank were involved in the bank fraud racket and they have been arrested by the anti-financial crime body.
The suspected bank goons were alleged to have been picked up on suspicious transfer of a total of N5, 550,000.00(Five Million, Five Hundred and Fifty Thousand Naira) from an account in Skye Bank.
The suspects, Ademola Okunlola, 36; Tajudeen Oluwanisola, 41; Kolawole Adams, 52; Temitope Pedro, 27; Bayo Olowoyo, 39 and Otunba Biodun Adebanjo, 56, were picked up in different locations in Lagos by operatives of the anti- graft agency for allegedly affecting the fraudulent transfer of N5, 550,000.00 from the account of one Ajani Kareem Musibau domiciled in Skye Bank Plc.
It was gathered that the fraudulent deal took place on March 3, 2014. One of the suspected fraudsters, Ademola Okunlola, a staff of Skye Bank, Ikeja Branch, Lagos, was said to have set the stage for the scam when he covertly used his camera phone to capture the photograph and signature specimen of Musibau.
He accessed his account and sent the details to another staff of the bank: Bayo Olowoyo at the Toyin Street, Ikeja branch.
The duo reportedly sent Musibau's photograph and signature specimen to a member of their syndicate who effected the money transfer into two accounts: N4.1Million (Four Million, One Hundred Thousand Naira) was moved into Adebanjo Biodun Olusola's account with Wema Bank, Shagamu branch, Ogun State while N1, 450,000.00(One Million, Four Hundred and Fifty Thousand Naira only) was moved into another account operated by Temitope Pedro with Guaranty Trust Bank, Ikeja branch.
The suspects were arrested following a petition by the bank. EFCC said the suspects would be arraigned in court as soon as investigation was concluded. An EFCC official said there is growing concern of bank workers who fleece their customers of their hard earned money. The Commission asked depositors to know their account officers very well. The source, who pleaded anonymity, further disclosed that some of the bankers have betrayed the trust of their depositors and warned the banks to equally scrutinize their staffers before giving them employment. Ex-banker with a new generation bank in Lagos State said the rate of bankers in financial crimes these days is worrisome adding that its share greed and get-rich-quick-syndrome that are the cause of bankers stealing their depositors’ money which he said was unprofessional.   
On Wednesday October 23, 2013 EFCC arraigned a banker, Yagana Ibrahim Bukar before Justice Fatu Riman of the Federal High Court Kano on 10-count charge bordering on money laundering and theft.
The accused is said to have abused her position as account officer at Sky Bank Plc and stole N12, 626, 250 of depositors’ fund. She allegedly perpetrated the scam by posting the sum into three Sky Bank accounts belonging to her family members- Hajja Fanna, her sister; Grema Ibrahim Bukar, her brother and her child, Ummu Kulthum.  Reports said in order to conceal the illicit origin of the money, the accused allegedly used part of the money to open a provision store in the Kawo area of Kano Metropolis.
Yagana Ibrahim Bukarne of the charges read; “that you Yagana Ibrahim Bukar on or about 15th August 2011 in Kano within the jurisdiction of the Federal High Court converted the sum N1, 166, 920 (One Million One Hundred and Sixty Six Thousand Nine Hundred and Twenty Naira Only) derived directly from participation in theft by depositing the said amount into the Sky Bank account of Hajja Fanna with the aim of concealing the illicit origin of the resources and thereby committed an offence punishable under section 15(1) (a)(ii) of the Money Laundering (Prohibition) Act, 2011.
The accused pleaded not guilty to the charges. In view of the plea of the accused, the prosecution counsel, Nasiru Salele told the court to proceed with the trial, adding that his witnesses were ready to testify. But the defense counsel, Ma’aruf Yakasai pleaded with the court to admit his client to bail. Justice Riman adjourned the case to October 25, 2013 for ruling on bail application and fixed Monday October 28, 2013, for continuation of hearing. As if that wasn’t enough, a Justice at Kano State High Court sentenced a former banker with Mainstreet Bank, Hadiza Mustafa to five years imprisonment for diverting a customer’s N10m for personal use. Hadiza, who was arraigned by the EFCC alongside Mahmud Sule on a 10-count charge that borders on forgery and theft of depositor’s fund, was convicted on 9 of the counts.
The Justice sentenced her to 12 months imprisonment on count 2 and six months imprisonment on counts 3 to 10. She is equally to a pay a fine of N120, 000. The judge further ordered that Hadiza should pay the sum of N13, 000,000 (Thirteen Million Naira) in restitution to the bank. The sentences are to run concurrently.
Last year, the Special Fraud Unit, Ikoyi, Lagos State, arrested an account officer with Guaranty Trust Homes, Adeola Olokojobi, in connection with an N50m fraud at the financial institution.
Before his arrest, Olokojobi was said to be working at the GT Homes, Saka Tinubu branch, Victoria Island.
Report said the SFU received a petition in October 2013, from a customer of the branch where Olokojobi worked before arresting him. The customer had alleged that Olokojobi was his account officer had “not been forthcoming with his account balances.”
A statement by the SFU said, “The petitioner also alleged that the balance given to him was at variance with his actual balance in the account.
“An internal investigation conducted by GT Homes into the account revealed that Olokojobi in April 2013 forged an instruction, transferring N15m from the petitioner’s account, to an unknown account.
“The bank also discovered other various fraudulent withdrawals made by the account officer from other customers’ accounts in his care through fake transfer instructions. It amounted to over N50m. “He said the funds were used to finance his political campaign, a proposed pure water company and purchase of an uncompleted building at Sango-Ota, Ogun State.
“Olokojobi in his confessional statement said he had fraudulently withdrawn monies amounting to N50, 640,748 from the account of the customers by transferring funds into the accounts of fictitious customers and subsequently withdrawing same.”
The suspect joined GT Homes in 2009.
He, however, denied that he had fraudulently transferred over N50m, insisting that instead, it was N27m. He said, “I didn’t have to forge the instructions from GT homes customers. “All I did was manipulate them. What happens is that they usually send instructions to the account officers by email, requesting
that some money be transferred to an account of their choice. All I simply do is add another million or two to the sum the customer requested. “It went unnoticed all this while because after using the money to do some business transactions, I always paid it back. I was into several businesses; I would buy land and resell for profit. “I got into trouble with this one because I withdrew N15m at once from a customer’s account; I didn’t take it bit by bit, but I meant to pay it back.
In fact, I had already started doing so before I was caught and arrested. But the police are not right in saying that the money I had withdrawn from customers amounted to N50m; it is N27m.”

Earlier this year, a contract staff attached to the Item Street branch of Diamond Bank Plc, Owerri, Mr. Daniel Chibueze Meshach presently battling court prosecution for allegedly masterminding an armed robbery operation in the state.
Daniel Meshach, 27, from Isingwu Ofeme-Ohuhu in Umuahia North council area of Abia state and two others were arrested by men of the ‘Ambush Squad’ of the Imo state police command after a fierce confrontation with the Police as they tried to escape the scene of crime after successfully robbing their victim of cash and valuables at Umurim, Nekede, in Owerri West Council area of Imo state.

Lamenting his fate, the banker confessed to the crime. He agreed he planned the operation and picked the victim of the robbery himself, apparently through privileged information. He blamed his involvement in armed robbery on peer pressure and pleaded to be given a second chance.
Also arrested and paraded alongside the banker was one Emmanuel Chisom, a student of the Federal Polytechnic Nekede, Owerri, who confessed to supplying three firearms for the robbery operation.

Chisom denied being the current leader of a dreaded campus cult group as alleged, noting that he was deposed last year, as leader of the Vikings confraternity, after what he termed a ‘mutiny’. It is widely believed that apparent cult involvement may have drawn the banker into crime. Two locally made pistols were also recovered from them. However, the Imo state Police command has assured that the banker and his gang would soon be charged to court on completion of investigations into the matter.
It would also be recalled that Marilyn-Joan Obiora, a senior staff of Diamond Bank, was prosecuted by the EFCC at the Federal High Court in Umuahia, Abia State. Obiora’s stunts were exposed in a petition by Stephen Inegbu, the bank’s zonal security supervisor in Port Harcourt. His petition was inspired by the bank’s inspection unit, which discovered that Obiora, abetted by four other staff of the bank, made fraudulent withdrawals totalling N125.6 million in three instalments. Obiora and colleagues withdrew N26 million, N91.6 million and N8 million. Like Obiora, the duo of Ebele Okoh and Charles Amadi, also of Diamond Bank, also faced allegations before the Karu Chief Magistrate’s Court, Abuja. Okoh and Amadi of the bank’s Zone 4 branch in Abuja were accused of withdrawing N250, 000 from a customer’s account. Police prosecutor, Garba Mohammed, explained that Okoh and Amadi scanned the signatures of some customers, with the intention to use them for withdrawals. The suspects did not go far in their scheme before they ran out of luck. By then, they had withdrawn N250, 000 from the account of one L. A. Mittee through one Amaechi Josiah, who is also being tried for alleged theft in the same court.














No comments:

Post a Comment