EFCC docks banker for N10m fraud

The Economic and Financial Crimes Commission, EFCC, on Monday, arraigned a banker, Chika Tony Odigbo before a Federal Capital Territory High Court, Abuja.
The accused is standing trial on a one-count charge bordering on obtaining money under false pretence before Justice D. Z. Senchi.

This was contained in a statement issued on Monday by Wilson Uwujaren, the Acting Head, Media and Publicity for the agency.

The complainant, Ademola Oluwayemi allegedly gave the accused, Odigbo, a staff of Intercontinental Homes Limited (now Access Bank) the sum of N10,000,000.00 (Ten million naira) to open a fixed deposit account, which the accused told him was a criterion for buying a house from the said bank. The accused allegedly converted the whole sum to his use.

The count reads,  "That you Chika Tony Odigbo, on or about the 15th day of June, 2012 at Abuja in the Abuja Judicial Division of the High court of the Federal Capital Territory, being entrusted with the sum of, N10,000,000.00 (Ten Million Naira Only) by one Mr. Ademola Oluwayemi of shop 16 Omega Centre, Wuse 11, Abuja to open a fixed deposit account for him with the Intercontinental Homes Limited did dishonestly convert to your own use the said sum and thereby committed an offence punishable under Section 312 of the Penal Code Act Cap 532, Laws of the Federation of Nigeria ( Abuja) 2004."

The accused pleaded not guilty to the charge.
Aisha Ibrahim, the prosecuting counsel asked the court to fix a date for the commencement of trial, while counsel to the accused person, Oladimeji Ekengba, prayed the court to admit his client to bail.

Justice Senchi granted bail to the accused in the sum of N2, 000, 000.00 (Two million naira only) and one surety in like sum.

He adjourned the case till February 3, 2014 for commencement of trial.

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