A former banker with one of the old generation banks, Oreoluwa Adesakin, was on Wednesday, June 25, 2014, arraigned before Justice O.M Olagunju of an Oyo State High Court sitting in Ibadan, on a 15-count charge bordering on stealing by fraudulent conversion, contrary to Section 390 (8) (C) Cap 38 of the Criminal Code, Laws of Oyo State, 2000.
The accused person who was in charge of Western Union Money Transfer at First Bank Nigeria Plc, allegedly used her office to convert a total sum of $ 368,203.00(Three Hundred and Sixty Eight Thousand, Two Hundred and Three United States Dollars) for her personal use.
She allegedly perpetrated the fraud, by using her position and office to raise vouchers for payment of money in excess of what was meant for customers of the bank. Investigations showed that, Adesakin used the money to acquire landed properties in Ibadan and to float a company: Empathy Trade and Investment Company, Limited.
One of the charge reads: "that you Oreoluwa Adesakin on or about the 23rd day of October, 2012 at the Bola Ige Market Branch of First Bank, Ibadan, within the Ibadan Judicial Division, whilst being a Cashier at Bola Ige Market Branch of First Bank Plc in charge of Western Union Money Transfer Operations, fraudulently converted the sum of $4,500 (Four Thousand Five Hundred Dollars) property of First Bank Plc via Western Union Money Transfer payment, Money Transfer Control Number (MTCN) 733437 to your personal use"..........Thought MTCN is 10digits?
When the charges were read to the accused person, she pleaded not guilty to the charges.
In view of her plea, prosecuting counsel, Zainab Ettu asked for a trial date and prayed the court to remand the accused person in prison custody. But the defense counsel, Samuel Adeniji, informed the court that he had placed an application for bail before it and prayed that the accused person be remanded in EFCC custody.
This prayer was opposed by Ettu, who reminded the court that the EFCC did not have an office in Ibadan. "Besides, the proper place of custody after arraignment is the prison", she said.
Justice O.M Olagunju after listening to both counsel, fixed July 1, 2014 for the hearing of bail application and ordered that the accused person be remanded in Agodi prison, Ibadan...culled
*Ah...o ga oooooo
What the love of money can do..... She thief small e no do am she con continue.....Haba...Sebi she wan stay all these houses at the same time ni?...woman for that matter and she no fit thief with sense....abeg make dem deal with am....homosapien oshi
ReplyDeleteWicked world
DeleteIs this the house the lawyer in Ibadan is trying to sell or its just a coincidence?
ReplyDeleteSweet Mother haff kill me with lafta oooo. Beta queshun naim U ask sha
DeleteSweet mother you are badt... Lmao. You have killed me. Oh God,I almost choked
DeleteNawa o......Wetin be prayer for law again?
ReplyDeleteSmh for you. Your teachers didn't do well in that night school you attended.
DeletePray is to ask...
DeleteNa so so thievies full everywere, dis one na packaged thief. Rot in jail old cargo
ReplyDeleteDa lady is soooo fine that money stole and transformed her and the men be like common baby. That is why she was suspected and caught. I don't envy the chick cos she aint working in any miracle and favor anytime soon
DeleteYimu
chaiiii.peple can steal sha ........diaris God ooooo
ReplyDeleteHian oh! One day for da thief, Everyday for the owner.
ReplyDeleteStella, our biter has received a ban from 9 int'l matches and 4 month ban from any football related activity..
a.k.a EDWIN CHINEDU AZUBUKO said...
ReplyDelete.
This her face though....
.
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***CURRENTLY IN JUPITER***
Heheheheheh....Ikuku kuo afu ike okuko!...that's what most of them do so am not surprised...
ReplyDeleteAm telling u not surprised at all.
DeleteCos u were once a banker... Lol
DeleteThe long arm of the law has finally caught up with him
ReplyDeleteYour comment will be visible after approval
Na First bank e fit happen easily, who gave the 'over-ride' for the transaction to fly?, where was the operations head? In new generation banks only her cant raise the transaction and give over-ride @ the same time, so such fraud wouldn't be easy. Yea MTCN is 10 digit but the new measure is you give d WU agent 6 and hold 4 wich u wud key in, into dat pinpad. Even the agent sef no suppose knw d rem 4. Na only she know how she do am, she bad gaan...lol, but i understand her case, when u stay too long on a desk, u wud know how to commit all d fraud dre. That's if you want to- it's all abt integrity finally.
ReplyDeleteEhh Barbie we have seen dat you are good @your job loooool which bank do you work for again?? heheheh
DeleteUpon all d money wey she steal see her cheap weave.
*Sweetness*
Madam new generation bank frauds no be here o! There's one that was recently discovered in PH in one of the new generation banks. As am talking to you now, the main culprit who is a DGM has been suspended indefinitely. The fraud has been on for ova 8 years with the culprit making close to 80million monthly. The account involved is a government account and it's done during payment of government worker's salaries. Make i stop here first.
DeleteI didn't say it can't happen, i said for 1 person to pull it off so easily is carelessness on the part of her superior, except na she be superior of wich its rare for a superior to be handling WU. Do u know what is a DGM? Na im be management na! if ma DGM tells me to post a transaction, am so posting dat shit mehn. There is no1 that cant commit fraud in a bank, we av seen ATM custodians, moving wif money from ATM vault, we av seen d 1s dat suppressed overages/deposits/divedend warrants, but when 1 person pulls it off successfully, so many tinx are involved.
DeleteAnony 6:20 no be only d DGM o, d Group Zonal Head and d HOP were sacked too. Pple get mind o. Make I go anonymous for dis one o, I no fit shout.
DeleteShe was able to carry out this fraud because her operations head was also compromised. Money transfer is done by two people: the operator and the operations head. That is the system in every bank. So madam barbie, do not limit it to only First bank. If u r truly a banker, u would have known that for a fraud to be successful, one or two people in the system must have knowingly or unknowingly compromised.
DeleteU would see i further explained by saying it could be carelessness on the part of the Ops Head. I said it is easier in 1st bank for reasons best known to me dat i wouldn't wanna go into, i didn't limit it to dem. So next tym READ -UNDERSTAND then COMMENT.
DeleteMadam barbie it is not easier in first bank. I have first class information about this case. If it were that easy in first bank, don't u think some operators would have also done that. That is why i said that that her operations head compromised. If u know the kind of control first bank observes, u will wonder how dey've bin making their money. that bank is known for their bureaucracy.
DeleteA woman for that matter, in always scared and get uncomfortable when I see women commits serious crime like this.
ReplyDeleteShe should rot in jail jor
The correct word is authorisation not over-ride.
ReplyDeleteWhich bank u rep? They use 'over-ride' too mbok. U no dey hear teller tell im madam for back office 'over-ride Ma' say sumtyn else please.
DeleteOver-ride is an in-house terminology and can b used, so she's not wrong. Oversabi.
DeleteOle nla
ReplyDeleteNa wah ooo!! Woman for dat matter..d quest for money & properties is d root of all evil..
ReplyDeleteI just hate Firstbank awon oniranu #YoungElder
ReplyDelete*inor
ReplyDeleteImagine!!!
ReplyDeleteLolz @ Sweet Mother, no spoil biz for him oh.
ReplyDeleteSeeing the foreign currency everyday became too tempting for her not to help herself to some. Corporate thief
SHAME!!!
ReplyDeleteI am not mr corrector but haba people, "you are scared when you see women commits crime like this"? A lot of you are guilty of pluralizing every single thing. Sorry, pet peeve...go ahead and insult me...it is just so annoying. I am a lecturer at one of our fine universities in the South East and I have lectured around the country and people do this all the time.
ReplyDeleteHi Aunty Stella!!
#clapping hands#.....Ojib'ole.....OLE!!!
ReplyDelete#tongue out#
Justice Olagunju!Hmmmm
ReplyDeleteOMG mummy ibeji .she is my neighbour,this has to be a joke hian
ReplyDeleteDo u really know her? Pls I need to talk to you privately..
DeleteI bet she wasn't doing this alone except if she ventured into the yahoo business. My guess is she became friends with her yahoo customers who collected western Union, got the complete mtcn and drew down on their behalf while she got her own share of their proceeds. Perhaps she hasn't been including the proper IDS and western Union called for the transactions. They know when an agent is playing pranks. This is an integrity issue, more scrutiny nd integrity test on contract staffs. Maybe she carried her Bosses along sef. Abi no be FBN again! Who dey authorize her transactions? She no get transaction limit? When western Union sales increase all of a sudden, it's a red flag, when u keep one person there for too long, another red flag. I imagine Western Union is happy to make this money off the bank cos some of these transactions would be legit yet the bank would pay since they may not have done proper KYC on the customer.
ReplyDeleteNow this is funny....hehe..
ReplyDeleteShe is a good example to her generation! Well done! A woman for that matter. Greed is bad o. Rose
ReplyDelete