The Economic and Financial Crimes Commission, EFCC, Ibadan zonal office has arrested a Fidelity bank sales agent identified as Olumide Agbakiaka, for stealing a customer’s N137 million.
A petition alleged that the suspect committed the crime between January 2017 and July 2019.
His arrest was sequel to the petition jointly penned by the bank’s Regional Security Officer and the Cluster Control and Compliance Manager, in which it was alleged that the suspect suppressed, diverted and stole a total sum of N137,000,000 from personal and corporate accounts of a customer.
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The suspect who was the account officer of the victim had collected huge sums of cash weekly to pay into his bank account but had diverted the funds.
He had taken parts of the payment and sometimes kept the whole sums instead of paying into the client’s account.
In order to cover his criminal acts, the suspect, according to the petition, would rather issue fictitious bank slips to deceive the customer that he truly deposited the sums.
This continued until the customer reviewed the statement of his account and reconciled same with the cash collection register. It was then they discovered Agbabiaka’s fraudulent deeds, prompting the bank to put up the petition.
So far, the EFCC investigators have established a prima facie case of diversion and stealing against the suspect.
Further investigations also revealed that he had used the suppressed sums to build houses, purchase cars, invest in fixed deposits and insurance policies. He also gave part of the loot to people as friendly loans. Some of the items have been recovered and registered as exhibits.