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EFCC Arraigns Suspected Fraudster For Defrauding Union Bank

The Kano Zonal office of the Economic and Financial Crimes Commission (EFCC), has arraigned one Kolapo Oduwole before State High Court over forgery and defrauding staff of Union Bank of Nigeria, the sum of N80 million.

According to the Commission, Oduwole, allegedly forged signatures of Relationship Manager of the Bank on three fixed deposits certificates and presented same to some customers and subsequently got the customers to fix their money in fixed deposit accounts controlled only by him.

It was further alleged that, after the money was fixed, the defendant transferred it into various accounts to conduct his personal businesses.

When the charge was read to him, he pleaded not guilty to all the six count charge.

In view of his plea, prosecution counsel, Aisha Tahar Habib requested the court for a trial date and urged the court to remand him in the Commission’s custody as he is still under investigation.

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The Defence counsel, M.M Rimaye, did not object to the prosecution’s application.

Justice Musa Danladi granted the prayer and adjourned the matter till October 12, 2020 for commencement of trial

One of the charge read that “ You Kolapo Oduwole on the 3rd March, 2020 at Katsina, within the jurisdiction of this honourable court forged a certain document to wit: Re: Investment of (N80,000,000) Eighty Million Naira 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 and you thereby committed an offense contrary to section 340 and punishable under section 341 of the Penal Code Law of Katsina State 2019.

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Akinlade I. WAHAB is a dedicated journalist and the proprietor of I-WAHAB Media. He embarked on his career at Murhi International TV (MiTV) and subsequently joined Radio Nigeria as a Judicial Correspondent.With a profound interest in legal reporting, he currently holds the positions of Chairman at the National Association of Judicial Correspondents (NAJUC), Ikeja Branch, and Chairman at the Nigeria Union of Journalists (NUJ), Radio Nigeria Chapel.As the owner of I-WAHAB Media, he has successfully established Top Court News, a platform renowned for providing comprehensive coverage of court cases and legal developments, with the aim of promoting transparency within the judicial system.Akinlade's diligent work and unwavering commitment to ethical reporting have earned him immense respect within the Nigerian journalism community.

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