Ecobank Nigeria Branch manager arrested over alleged N14m fraud

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The management of Ecobank
Nigeria » has facilitated the arrest
of the operational manager of its
Ejigbo branch, Akhanenu
Ikechukwu over an alleged fraud
of N14m.
According to reports, the 41-year old banker
was handed over to security operatives by
management of the bank after he was
allegedly caught withdrawing N14,014.157
from the account of two customers of the bank
without authority.
Confirming the report, the bank’s Corporate
Affairs Department stated that Ikechukwu was
handed over to the Nigerian Police at the Ikoyi
Division Lagos, Western Nigeria for the
reported offence.

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It was further gathered that the bank manager
shared the money with a certain Nduka
Stephen, whose age was given as 36 years old.
According to the police, the suspects were
arrested following a complaint by the
management of Ecobank.
Ikechukwu’s alleged misappropriation of
customers’ funds was revealed when the
management of Ecobank audited their account
books and discovered the fraud.
After investigation by Sergeant Ijatuyi Tope
and his team, the suspects were arraigned
before an Igbosere Magistrates’ Court, Lagos
on Monday on a four-count charge of felony to
wit fraud, forgery and stealing.
The accused persons pleaded not guilty to the
allegations and Magistrate P.A. Adekomaiya
admitted them to bail in the sum of N3m each
with two sureties each in like sum.
Adekomaiya adjourned the case till 11 July,
2016 for mention, while the defendants were
taken to Ikoyi Prison, Lagos pending the
perfection of their bail conditions.

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