The Police Criminal Investigation and Intelligence Department (CIID) Alagbon, Lagos has arrested five men for allegedly stealing N114.8 million belonging to Skye Bank Plc, Lagos.
Odewale Moroof, 29, Sylvester Ozoike, 36, Dickson Ologwu, 23, Akinsanya Olayiwola, 35, and Adejumo Saheed, 37, were arraigned Wednesday before Miss M. O. Awogboro of a Lagos State Magistrates’ Court in Igbosere.
The defendants, of no fixed addresses were not given, are standing trial on a two-count charge of conspiracy and stealing.
Prosecuting Assistant Superintendent of Police (ASP) Henry Obiazi told the court that the defendants and others who are still at large committed the alleged offences sometime in the month of November 2014, at Skye Bank Plc Headquarters, in Victoria Island.
He said that the defendants stole the sum of N114, 806,000 property of Skye Bank Plc.
They are suspected of having transferred the N114, 806,000 into 61 different accounts.
According to Obiazi, the offences are punishable under Sections 409, 285 (5) (a) of the Criminal Law of Lagos State of Nigeria, 2011.
The defendants denied the charges.
Magistrate Awogboro granted them bail in the sum of N100million each, with two sureties each in the like sum.
One of the sureties must be a blood relation and have landed property.
The case was adjourned till March 23, for mention.
The Nations
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