2023 Elections: House of Assembly Candidate in Court for Allegedly Stealing N681M From Customers’ Accounts
- Ismaila Atumeyi, an aspiring lawmaker under the platform of the New Nigerian Peoples Party has been accused of stealing over N600m from the bank accounts of customers in Union Bank
- The NNPP House of Assembly candidate allegedly stole the funds using an internet banking platform, a witness in his trial said
- Atumeyi is currently facing a 14-count charge bordering on alleged money laundering and cybercrime before a Federal High Court sitting in Lagos state
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A candidate of the Kogi House of Assembly, Ismaila Yousouf Atumeyi, is currently in court for allegedly stealing N681 million from the accounts of over 400 Union Bank customers.
Olusegun Falola, a prosecution witness in the trial told the Federal High Court sitting in Lagos that Atumeyi, who is a member of the New Nigeria Peoples Party (NNPP), had the money transferred into his account.
Source: UGC
PM News reports that the witness, an Internal Auditor and Team Lead of General Investigations at Union Bank Plc, said that fraudulent debit transfers of the funds were discovered in October 2022 from some accounts that were placed on no-debit.
The Punch reports that Falola added that Atumeyi, who is being tried alongside Ngene Joshua Dominic and Abdulmalik Salau by the EFCC for alleged N1.4 billion cybercrime and money laundering matter, made the debits on the customers’ accounts via internet banking on one of the bank’s platforms known as Union 360.
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His words:
“Furthermore, the debits on these accounts were traced to two beneficiaries, Atus Homes Limited account and Fav Oil and Gas Limited.
“These two accounts received the sum of N681m and N1.38bn, respectively from the account of 429 customers.”
According to him, further investigations by the audit team established that Atumeyi is the signatory to the Atus Homes Limited account, while the signatories to Fav Oil and Gas are Shuaibu Yusuf and Nurudeen.
EFCC arraigns former VC of prestigious Nigerian university over N1 billion theft, money laundering deal
The EFCC had earlier arraigned a former vice-chancellor of the Ahmadu Bello University Zaria.
It was gathered that the VC, Ibrahim Garba, was arraigned before a Kaduna state High Court over allegations of money laundering and theft.
The commission stated that Garba was arrested and arraigned alongside another staff of the university who serves as the institution's bursar.
ICPC finds N540 million in account of primary school teacher with N76K salary, court makes strong decision
Similarly, a primary school teacher was made to forfeit millions of naira found in her bank accounts by the Independent Corrupt Practices and Other Related Offences Commission.
The ICPC noted that it discovered a total of N540 million in the account of the teacher whose salary is a mere N76,000.
According to ICPC, Egbuha worked with some individuals and a private-owned company to divert the proceeds of the crime after she was caught.
Source: Legit.ng
