A staff member of Wema Bank, Akinyele Ogunpola, 40, was on Thursday arraigned before an Abeokuta Chief Magistrate Court for allegedly stealing Seventy Million Naira (₦70, 000, 000.00) only from his employer.
Akinyele was charged with conspiracy and theft.
Prosecution counsel, Inspector Olaide Rawlings, told the court that the defendant committed the offence in October 2021 at Wema Bank Oke-Ilewo in Abeokuta.
The court was told that the defendant (alongside one other who is now at large) conspired and stole the said sum property of Wema Bank.
Ms Rawlings explained that the defendant was an employee of the bank working in the marketing department, where loans are being disbursed to customers who apply for loans.
She said when customers apply for loans, the defendant would include additional money in the loan.
The offence, she said, contravenes sections 516, 383(1) and 390(9)of the Criminal Code Vol.1 Law of Ogun State 2006.
The defendant, however, pleaded not guilty to the charge filed against him.
The Magistrate, I.O Abudu, admitted the defendant to bail in the sum of ₦5 million with one surety in like sum.
Ms Abudu added that the surety must be a relative or a civil servant and must show evidence of tax payment to the Ogun government.
She thereafter adjourned the case till 5th December for hearing.