THE Economic and Financial Crimes Commission has arraigned one Kola Oduwole, an employee of Union Bank, for alleged fraud of N80m. Oduwole who was brought before Justice Musa Danladi of the Katsina State High Court by the Kano Zonal Office of the EFCC on six counts bordering on forgery and fraud.
The banker was alleged to have forged signatures of the relationship manager of the bank on three fixed deposit certificates, presented same to some customers and subsequently got customers to deposit their funds in accounts controlled only by him.
In a statement by EFCC’s Head, Media and Publicity, Mr Dele Oyewale, said investigation revealed that after the money was fixed, the defendant transferred it into various accounts to conduct his personal businesses.
One of the charges against him read, “That you, Kolapo Oduwole, on March 3, 2020, at Katsina, within the jurisdiction of this honourable court, forged a certain document to wit: ‘Re: Investment of N80m only’ with intent to cause damage to one Abubakar Mohammed by making him to believe that you had placed the money in a fixed deposit with Union Bank, thereby committing an offence contrary to Section 340 and punishable under Section 341 of the Penal Code Law of Katsina State 2019.”
The accused person pleaded not guilty to the charges the Justice Danladi then adjourned the matter till October 12, 2020 and granted Habib’s application.