The Osun State Police Command on Thursday arraigned three microfinance bank staff in a Federal High Court in Osogbo over alleged N14.2 million fraud.
The police charged Aderinlowo Joseph, Abosede Totomi, and Oyinlola Abimbola, with four counts of conspiracy , computer related crime, fraud, and theft.
The defendants, however, pleaded not guilty to the charges.
The Prosecution Counsel, F.B. Osei, told the court that the defendants committed the offence between December 2016 and December 2019 at Otan-Aiyegbaju area of Osun State.
Osei said the defendants defrauded customers by hacking into the computer system of the bank and stole N14.273 million.
The offence, he said, contravened the provisions of sections 27(1)(B)(2), 13 of the Cyber Crime Provision and Prevention Act 2016 and sections 390(9), 516 of the Criminal Act C 38 of the laws of Federation of Nigeria, 2004.
Justice Peter Lifu admitted the defendants to bail in the sum of N10 million and two sureties each in like sum.
Lifu ordered that the sureties must reside within the court’s jurisdiction and must provide evidence of tax payments and two passports sized photographs, attached with an affidavit of means.
The Judge adjourned the case until March 18 for hearing.
Trending
- Sanwo-Olu: We’ve fulfilled our promises
- Upholding Democracy: The imperative of credible party primaries in Nigeria, by Adebanji Dada
- FG revokes 924 dormant mining licences as minister decries racketeering
- Why I didn’t build schools as Anambra governor, Peter Obi replies Omokri
- Establish base in Sambisa forest, Zulum tells Army
- EFCC withdraws appeal against former Kogi Governor Bello
- Fidelity Bank commends Air Peace’s performance
- How AI, automation, and trusted data are shaping next-generation customer service, by Linda Saunders