The accused however, pleaded not guilty to all the charges preferred against him and was granted bail in the sum of N1, 000,000 (one million naira).
The matter was adjourned to March 16, 2016 for commencement of trial.
In a related development, the Commission on Tuesday, December 8, 2015 arraigned one Seyi Ladejobi Chinyere a staff of one of the first generation banks before Justice N. Ayo Emmanuel of the Federal High Court, Ibadan for failure to exercise due diligence in line with Know Your Customer regulation, before opening account for some customers of the bank.
The offence is contrary to Section 3(1) (a) (i) of the Money Laundering (Prohibition) Act, 2011, mandating financial institutions to fully verify the identities of the intending customers before opening account for them.
The accused was arrested following a petition by one Patrick Agie who was allegedly defrauded to the tune of N800,000 by one John Adam(still at large), a purported CBN staff, who operates multiple accounts which Ladejobi manages.
One of the counts reads, “That you United Bank for Africa Plc, a financial institution and Ladejobi Seyi Chinyere, an employee of United Bank for Africa Plc, on 18th day of June, 2013, at Ibadan, Oyo State, within the jurisdiction of this Honorable Court, failed to verify the identity of one John Adams before opening Account No. 2063557855 for him and thereby committed an offense contrary to section 3(1) (a) (i) of the Money Laundering (Prohibition) Act, 2011 and punishable under section 16(1) (c) and 16(1) (c) and 16 (2) (a) of the same Act”.
The defendant pleaded not guilty to the 2 counts brought against her and was granted bail in the sum of N500, 000 and one surety in like sum.
The case has however been adjourned to16th of February 2016.
Head, Media & Publicity
10th December, 2015