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A 37-year-old former employee of a bank, Lukeman Segun has been arraigned before Yaba Magistrate’s Court, Lagos after being accused of stealing his employer’s N5.5 million entrusted in his care.
Segun, a resident of Alimosho area of Lagos, was charged on a two-count bordering on conspiracy and stealing
The defendant worked with LETSHEGO Microfinance Bank PLC located at 305 Herbert Macaulay Street, Yaba, Lagos, Southwest Nigeria, when the alleged fraud was carried out.
The management of the bank dragged him to court after he was arrested by the police from his hiding place.
According to the police, nemesis, however, caught up with the accused when the Anti-Vice section of the bank reported the incident to the Divisional Police Officer, DPO of Sabo Division, Yaba, Lagos who gave a marching order to his crack team to fish out the defendant anywhere he might be hiding.
The Police team, through intelligence gathering, tracked the suspect to a hideout in Lagos and arrested him.
Police Counsel, Magaji Haruna informed the court that the defendant committed the offence between 2017 and 2019 at LETSHEGO Microfinance Bank PLC located at 305 Herbert Macaulay Street, Yaba Lagos.
Haruna told the Court that the defendant betrayed the trust reposed in him by his employer as a sales representative and stole the sum of N5,500,000 within a period of two years entrusted in his care by customers to lodge in their accounts and escaped before he was arrested.
He said the offences, the defendant committed were punishable under sessions 411 and contrary to section 286 and punishable under session 287(7) of the Criminal Law of Lagos State, 2015.
The accused, however, pleaded not guilty to the charges and Magistrate O.Y Adefope granted him N500,000 bail with two sureties in like sum.
Adefope adjourned the case for trial.
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