Court remands former Bank PHB employee over N104m theft

Uhechukwu Okeke was a funds transfer officer at Bank PHB.

A Wuse Zone 2 Chief Magistrates’ Court in Abuja on Friday remanded a former employee of Bank PHB, Uhechukwu Okeke, who allegedly stole N104 million from the bank.

The 30-year-old Mr. Okeke was arraigned on a four-count charge of conspiracy, theft, breach of trust and forgery.

The Chief Magistrate, Ramatu Gulma, ordered that Okeke should be kept in prison custody pending the determination of his bail application.

She adjourned the case to January 15 for hearing of the application.

Earlier, the Prosecutor, Keneth Ubanwa, submitted that the accused, a resident of Kugbo, Abuja, conspired with two other former employees of the bank to steal the sum.

According to Mr. Ubanwa, the accused and the others, who worked as funds transfer officers, forged some documents to steal the sum.

He said that the offences contravened Sections 97(1), 289, 314 and 364 of the Penal Code.

Mr. Ubanwa told the court that the accused jumped administrative bail granted him by the police.

The accused, however, pleaded not guilty.

(NAN)

Support PREMIUM TIMES' journalism of integrity and credibility

 

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


NEVER MISS A THING AGAIN! Subscribe to our newsletter

* indicates required

DOWNLOAD THE PREMIUM TIMES MOBILE APP

Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD: New Discovery! Click Here To See A Miracle Device That Can Cure DIABETES, BLOOD PRESSURE, STROKE, ARTHRITIS, PAINS, OBESITY And 50 Other CHRONIC DISEASES Without Drugs Or Herbs.. Click Here Now To See It


All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.