4 Ecobank Staff Arrested for Diverting N2.7 Million from Customers’ Accounts

Three staff of Ecobank have been arrested after they allegedly skimmed N2.7 million off customers’ accounts with the bank.

The suspects – Adetunji Oluwatoyin, Obademi Oluwatosin and Ogunshina Olushola – worked at the Iyana Ipaja branch of the bank and were said to have connived to commit the alleged fraud between July 10 and 24, 2015. It is revealed that a whooping sum was diverted from some customers’ accounts to a private account through forging of their signatures to help with the transaction.

The bank wrote a petition to the police, leading to their arrest. According to police, Oluwatoyin already admitted to the crime. The suspects were arraigned at Tinubu Magistrate’s Court on three counts bordering on forgery and fraud by a police prosecutor, Inspector Nurudeen Thomas.

The defendants, however, pleaded not guilty to the charges.

The Chief Magistrate, Mrs. K.B. Ayeye, admitted them to bail in the sum of N200,000 each with two sureties each in like sum and adjourned the case till February 22, 2016.