Banker arraigned over alleged N46m theft in Delta - Punch Newspapers

A 39-year-old banker, Osazuwa Obarisiagbon, has been arraigned at a Chief Magistrate Court in Effurun, Delta State, for allegedly defrauding a customer to the tune of N46.4 million.

Obarisiagbon, a staff of a new generation bank located at Effurun, near Warri, the state capital, was accused of conspiracy and stealing of the said sum of money belonging to Wellington Hotel Ltd, Effurun. The prosecuting counsel, Vincent Orawemen, told the court that the suspect and others, now at large, committed the offence between December 2015 and November 2016, noting that the offences were punishable under Sections 516, 390 and , 516, 467 , 516 and 484 of the Criminal Code, Cap C 21, Vol. 1 Laws of Delta, Nigeria, 2006 respectively.

At the commencement of proceedings, the presiding Chief Magistrate, Ena Odjugo struck out names of the other three defendants on the charge sheet Number ME/77C/2021 following the submission made by the prosecuting counsel.

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