Editorial Team

Emmanuel Udom-Managing Editor, Stephen Dijo Philemon-Deputy Editor, Janet Udom-Senior Correspondent, Precious Udom-Senior Correspondent, Williams Ita-Bureau Chief(Akwa Ibom/Cross River), Fabian Idoko-Senior Correspondent
  • ABURIGHT NIGERIA COMPANY

    Manufacturer's Representative Import Export General Merchandise Contract Adress: Araromi Quarters, Owode Area, Ifo, Ogun state, Nigeria P.O.Box 2632, Oshiodi, Lagos Telephone: 2348166719412

    Saturday 14 January 2017

    N30m fraud: Fleeing ex-Ecobank staff arrested, charged


     Kayode Ayodele,(34), former staff of Ecobank Plc, who has been on the run for sometime was arrested and charged to court by the police in Ogun state, south-west Nigeria.

    Ayodele is being dragged before the court over alleged N30m fraudulent deal, where he connived with one Tiaminu Lukman,(48),  and Shaga Olu Sheriff,(34), both ex-staff of the same bank.
    The trio were said to have hacked into their employer and withdrew N30m which they shared between August 2013 and June 2015.
    The bank management uncovered the fraud when they audited the account book and reported the matter to the DPO in charge of Ikoyi division, Lagos, SP Tijani Mustapha, who directed the team led by Sergeant Tope Ijatuyi to track and arrest the suspect.

    While Tiaminu Lukman and Shaga Olu Sheriff were arrested last year and charged to court, Ayodele went into hiding.
    Ayodele was however tracked and arrested in January, 2017 at Ijoko area of Ogun State and brought to Lagos.

    After investigation, Ayodele was charged before an Igbosere Magistrates’ Court, Lagos on a two-count charge of stealing the sum of N30m, property of Ecobank Plc.

    Police prosecutor, Insector Jimoh Joseph, informed the court in charge No. A/01/2017 that Kayode Ayodele, Tiaminu Lukman and Shaga Olu Sheriff were staff of Ecobank when they fraudulently withdrew the N30m from their employers account and shared it without authority.

    He said the offences committed were punishable under sections 409 and 303 of the criminal laws of Lagos State, 2011.
    Ayodele pleaded not guilty to the alleged crime in the open court and Chief Magistrate A. O. Awogboro admitted him on bail in the sum of N5m with two sureties in like sum.


    Awogboro adjourned the case to 20 January, 2017 for mention while Ayodele was taken to Ikoyi prison pending when he will be able to perfect his bail conditions.

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