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EFCC Arraigns Banker For N6m Fraud


The Economic and Financial Crimes Commission, EFCC, Benin Zonal Office, on January 10, 2019 arraigned one Momojimoh Abdumalik on a one-count charge of fraud before Justice Abdu Dogo of the Federal High Court, Akure, Ondo State.

Abdulmalik, a cashier with First Bank of Nigeria, is alleged to have fraudulently withdrawn the sum of N6, 963,929 from the Ondo State Revenue Collection account with the bank.

The charge reads: “That you Momojimoh Abdulmalik while being a cashier in First Bank Plc, Owo Branch, between January to July 2018 in Owo, Ondo State within the jurisdiction of this honourable court did fraudulently withdraw the aggregate sum of N6, 963,929.61 only from Ondo State Revenue collection account domicile at First Bank Plc, Owo Branch, thereby committed an offence punishable under Section 390(6) of the Criminal Code Act CAP C38 Laws of the Federation of Nigeria 2004”.

Abdumalik pleaded “not guilty” to the charge when it was read to him.

In view of his plea, the prosecuting counsel, Immaculate Elody, prayed the court to fix a date for trial.

Defence counsel, Idedayo Olanipekun, however, informed the court that he had filed an application for bail before the court. He pleaded with the court to grant his client bail as he was a first time offender and has been granted administrative bail by the EFCC.

Justice Abdu Dogo after listening to both counsel, adjourned to January 17, 2019 for “ruling on bail application” and ordered that the defendant be remanded in prison custody.


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