Four employees of Grooming Microfinance Bank: Kazeem
Oyelade, 32; Sulaiman Amuda, 39; Rotimi Adebusola, 37;
and Odunayo Fashola, 33, were on Friday remanded by an
Ilorin Magistrate Court for theft of N3.8 million from the bank.
The accused persons are standing trial on a three-count
charge of criminal conspiracy, criminal breach of trust and
stealing.
The police prosecutor, Sgt. Mathew Ologbonsaye, told the
court that the alleged fraud was uncovered during an auditing
of the bank’s accounts on September 2, 2013.
He said that police investigations revealed that Oyelade, who
was the branch manager, conspired with three credit officers
to steal the money from the bank located in Ilorin.
The accused persons pleaded not guilty to the charges. They
filed a bail application but the prosecutor objected to it on
the grounds that investigation was in progress.
The Magistrate, Adeniyi Oluwatosin, ordered that the accused
be remanded to Okekura Prison, Ilorin, and adjourned the
case to October 2, 2013, for hearing.
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