Home > Business > Agribusiness > UBA Staff Steals Deceased Customers’ N3.6m

UBA Staff Steals Deceased Customers’ N3.6m

A 36-year-old staff of the United Bank of Africa (UBA), Joseph Promise, allegedly stole N3.6 million from the accounts of two deceased bank customers.

NAN reports that he was on Wednesday arraigned at an Igbosere Magistrates’ Court, Lagos.

Promise is standing trial on a three-count charge of conspiracy, stealing and fraud.

The Prosecutor, Insp. Ejime Okete, told the court that the defendant committed the offences between February 2012 and January 2020, at UBA House located at 57, Marina, Lagos.

Okete stated that the defendant conspired with others still at large to steal from the deceased customers’ UBA accounts.

He said: “The defendant, being an employee of UBA, did unlawfully link the bank verification numbers of different accounts of two deceased bank customers and fraudulently withdrew the sum of N3.6 million without the consent of the deceased family.”

The defendant pleaded not guilty to the charges.

The Magistrate, Mrs H. O. Omisore, granted him bail in the sum of N400, 000 with two sureties in like sum.

Omisore adjourned the case until April 27, 2020.

About Editor

Otunba Sayo Akintola is a 1992 graduate of Linguistics from the University of Ibadan, Oyo State. He holds a post-graduate diploma in Financial Management and MBA from Abubakar Tafawa Balewa University, Bauchi. He started his 12-year sojourn in journalism at the Nigerian Tribune in 1993 as Business and Economy reporter. He rose through the ranks to become the Group Business Editor of the nation’s oldest surviving private national newspaper, the Nigerian Tribune. He set up World Street Journal magazine in 2018.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.

x

Check Also

Ex-PHCN Workers Storm Ibadan, Demand Payment Of Benefits

The Association of Former Staff of PHCN storm Ibadan, demands the payment of outstanding benefits ...

Breaking News: Union Bank Staff Dies Of COVID-19 In Lagos

The management of Union Bank on Monday confirmed the death of one of its staff ...