Bank manager remanded over N179m fraud

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A Federal High Court in Lagos, on Tuesday, ordered the remand of the Asaba branch manager of Zenith Bank Plc, Fidelis Egueke, over an alleged N179.498m fraud.

Egueke was arraigned by the Force Criminal Investigation Department Headquarters before Justice Chuka Obiozor on three counts of conspiracy, obtaining under false pretences and fraud.

It was gathered that upon selling the goods, Egueke diverted the proceeds to his account with Zenith Bank with number 1020019782 and told the complainant that most of the goods he imported from the United States of America were substandard. At the resumed hearing of the bail application on Tuesday, the defendant’s counsel, C. A. Ajuyah , told the court that his client had credible sureties and that he would not evade trial and neither would he tamper or interfere with evidence and witnesses.

Ruling on the bail application, Justice Obiozor admitted the defendant to bail in the sum of N50m with one surety, who must be resident within the court’s jurisdiction.

 

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It remains those who been stealing billions 😁😁😁 Please, follow for a quick follow back

Alright

Abeg, tell gtbank to reverse my ₦700

Severe punishment

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