The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, on Wednesday, March 21, 2018, arraigned one Ifeanyi Nwaneri before Justice Olusola Ajibike Williams of the Special Offences Court sitting in Ikeja, Lagos on a five-count charge bordering on stealing to the tune of N1.2billion.
The defendant, a customer with Access Bank Plc, was alleged to have fraudulently carried out several transactions on Point of Sales (POS) terminal issued to him by the bank.
One of the counts reads: “That you, Ifeanyi Nwaneri, sometime between September 1 and 4, 2017, at Lagos within the jurisdiction of this Honourable Court, dishonestly converted for the use of Sessy Global Ventures the sum of N25, 000, 000.00 (Twenty-five Million Naira only), property of Access Bank Plc.”
Another count reads: “That you, Ifeanyi Nwaneri, sometime between August 15 and September 12, 2017, at Lagos within the jurisdiction of this Honourable Court, dishonestly converted for the use of Omede Shedu Silas the sum of N17, 000, 000.00 (Seventeen Million, One Hundred Thousand Naira) only property of Access Bank Plc.”
The defendant pleaded not guilty to the charge preferred against him.
In view of his plea, the prosecution counsel, Nnemeka Omewa, urged the court to allow his trial begin immediately and, remand the defendant in prison custody pending the determination of the charges levelled against him.
However, counsel to the defendant, John Dong, informed the court of a pending application for bail on behalf of his client.
He, therefore, prayed the court to grant the defendant bail. Justice Williams granted the defendant bail in the sum of N5million with two sureties in like sum.