Zenith Bank Manger, Businesswoman Swindle Bank of N1.2bn

A manager of Zenith Bank Plc., Akanbi Oleyede and a businesswoman, Chidinma Okoro and who allegedly removed N1.2 billion over a period of time from a customer’s Zenith Bank account have arraigned at an Ikeja Magistrates’ Court, Lagos.
The accused persons are facing a two-count charge of fraud and stealing.
The Police Prosecutor, Insp. Peter Nwangwu, told the court that the accused committed the offence between February 2 and August 30, 2014.
He alleged that the accused fraudulently removed the N1.2billion from the complainants’ accounts, Mr Emenike Daniel and Mr. Utoh Chijioke.
“The accused absconded and relocated to an unknown destination until she was recently apprehended by the police,” Nwangwu said
The offences contravened Sections 285 and 313 of the Criminal Law of Lagos State, 2015 (Revised).
Section 313 prescribes a 15-year jail term for offenders, while Section 285 stipulates three years imprisonment.
The accused, however, pleaded not guilty to the charge.
The Chief Magistrate, Mrs Y.O. Aje-Afunwa, granted the accused bail in the sum of N500,000, with two sureties in like sum.
She said the sureties must show evidence of three years tax payment to the Lagos State Government and adjourned the case until June 17,  for hearing.