11th August, 2011
Four men, Phillip Oladele, 37, Adesina Oluwaseun, 22, Arise Babatunde, 49 and Saka Adetoyebe, 60, alleged to have conspired and attempted to defraud First Bank of Nigeria Plc the sum of N4,950,000, have been arraigned before a Tinubu Chief Magistrate’s Court in Lagos.
According to the four-count criminal charge number F/44/2011 filed before the court by a police prosecuting counsel, it was alleged that the accused persons and others at large, on 18 July, 2011 at First Bank of Nigeria Plc, conspired and attempted to defraud the bank the sum of N4,950,000, an offence punishable under Section 411 of the Criminal Code Cap 32 Volume II Laws of Lagos State of Nigeria 2003.
The accused persons, on same place, date and time, were further alleged to have forged First Bank of Nigeria Plc’s cheque number 01795764, while they were also accused of stealing a diesel product valued at about N4,950,000, property of Wallbee Nigeria Limited, an offence punishable under Section 390 of the Criminal Code Cap 32 Volume II Laws of Lagos State of Nigeria, 2003.
The prosecution in the fifth count, alleged that the accused persons, same time and place, impersonated themselves as Willson Nigerian staff, an offence contrary to and punishable under Section 484 of the Criminal Code Cap 32 Volume II Laws of Lagos State of Nigeria, 2003.
The accused, however, pleaded not guilty and were consequently admitted to bail while the case was adjourned for trial.