Cybercrime: EFCC prosecutes ex-banker for alleged N18m theft via ATMs

Isola Moses | ConsumerConnect

For betraying his employers’ trust while allegedly thieving depositors’ funds as a bank staff and insider, the Economic and Financial Crimes Commission (EFCC), Benin Zonal Office, has arraigned Philip Orumade on a 9-count charge bordering on stealing before Justice Efe I. Ikponmwonba of the Edo State High Court, Benin City, the state capital.

Orumade Wednesday, November 11, 2020, was alleged to have sometime in November 2019 while working as a banker in charge of Automated Teller Machine (ATM), stolen a N18, 903,000 from the cash machine at Aduwawa Branch of First Bank of Nigeria Limited.

It was learnt one of the counts reads: That you Philip Orumade on or about the 2nd day of November 2019 at Aduwawa within the jurisdiction of this Hounourable Court did steal from ATM points at Aduwawa branch of First Bank Of Nigeria a cumulative sum of Eighteen Million, Nine Hundred and Three Thousand Naira (N18,903,000) property of First Bank of Nigeria Plc, contrary to Section 383 of Bendel State Criminal Code Law (as applicable to Edo State) and punishable under Section 390(7) of the same Law.”

The defendant pleaded not guilty to the charge when it was read to him.

While Ibrahim Mohammed, prosecution counsel, in his plea asked the court to fix a date for trial, Martha Imafu, the defence counsel, informed the court of a pending motion for bail.

Imafu stated that the offence was bailable and prayed the court to grant her client bail.

Justice Ikponwonba granted the defendant bail in the sum of Five Hundred Thousand Naira with one surety in like sum.

The surety should be resident within the jurisdiction of the court.

The court adjourned the case till January 27, 2021, for commencement of trial.

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