Shocking! Read How Banker Reactivated Dormant Customer's Account and Stole Over N952k from It

 

One Jolayemi Olawale, a former Syke Bank transaction officer, has been accused by the police of reactivating a customer’s dormant account and stealing N952, 857 from it.

 

The Nation reports that the 35-year-old Olawale, whose address was not given, was arraigned Wednesday before Mr. B. A. Sonuga of an Igbosere Magistrates’ Court, Lagos.

 

The man is standing trial on a two-count charge of fraud and stealing.

 

Prosecuting Inspector Ingobo Emby said the defendant committed the alleged offences between December 29, 2015 and January 4, at Syke Bank Plc, Alaba branch, Lagos

 

He alleged that Olawale used his position at the bank to reactivate a dormant account number 1010327078 belonging to one Adebayo Akeem.

 

The court also heard that the defendant fraudulently changed Akeem’s phone and pin numbers and requested for an ATM card for that account, through which the money was withdrawn.

 

“The defendant fraudulently withdrew the sum of N952, 857 from the account after reactivating it,” Emby said, adding that the amount was then stolen.

 

The alleged offences were said to contravene Sections 285 and 335 (a) of the Criminal Law of Lagos State, 2011.

 

Kolawole denied the charge.

 

The defendant’s counsel, Mr Bamidele Ajabaluku, urged the court to admit him to bail on liberal terms.

 

Magistrate Sonuga granted him N1 million bail with two sureties in the like sum.

 

He ordered the sureties to deposit N200, 000 in the account of the court’s Chief Registrar and adjourned till August 30.