Ogudu Magistrates’ Court in Lagos State on Wednesday granted bail of N500,000 to a Sterling Bank account officer, Emmanuel Odoemena, for alleged theft of N4.46 million.
The 34-year-old, whose address was not given in court, denied charges of stealing and breach of peace.
Police prosecutor, Lucky Ihiehie, told the court that the defendant allegedly stole N4,467,152.27 from the bank’s customers.
Mr Ihiehie said the alleged offences were committed between January 2018 and February 2019 at Sterling Bank Plc, Ketu Branch, Lagos.
“The defendant stole the amount using fraudulent alters and falsified statements of account of the total cash collected from the banks’ customers,” he said.
“The defendant used his position as a transaction officer in the bank and unlawfully converted the money to his own property, hence the report.
“He was subsequently apprehended by the police for further investigation.”
According to him, the offences contravened Sections 287 (7) and 337 of the Criminal Law of Lagos State, 2015.
As part of the defendant’s bail conditions, Magistrate E. Kubeinje ruled that he must produce two sureties in like sum who must not be self-employed.
The case was adjourned until June 19 for mention.
