Customer Relationship Manager with First Bank Plc Headquarters in Lagos, Kehinde Adewuyi, who allegedly stole the bank’s N52,628,000, was on Tuesday brought before an Igbosere Magistrates’ Court in Lagos.

Adewuyi, 36, of Onyema Close, Medina Estate, Gbagada, Lagos was arraigned by the Police Lion Building Division, Lagos, on a three-count charge of forgery and stealing.

Prosecuting Counsel Reuben Solomon alleged via a charge marked H/28/2019 that the defendant committed the offence alongside two accomplices between February and March 2019 at the bank’s headquarters, during work hours.

He said the alleged fraud was uncovered by First Bank following an audit of account books.

Adewuyi was arrested by the police after the bank made a report through its Head of Forensic Auditors, Solomon Akhanolu and Owei Chris.

The court heard that Adewuyi allegedly forged the signatures of the bank’s Relationship Manager, Mobolaji Sunmoni and Group Head, Ademola Adegbusi, and fraudulently withdrew the money from the bank’s accounts.

He said the offences contravened sections 411, 365(1) and 287(7) of the Criminal Law of Lagos State, 2015.

Adewuyi pleaded not guilty.

Magistrate Davies granted him N250,000 bail with two sureties in the like sum, among other conditions.

Davies ordered that the defendant be remanded at the Ikoyi Prison, Lagos till he perfected the bail terms.

The case continues on June 25.


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