Polaris Bank: Alleged Fraudsters Get N1m Bail For N466m Scam

ADVERTISE HERE

ADVERTISE HERE

Polaris Bank: Alleged Fraudsters Get N1m Bail For N466m Scam

Justice Mohammed Tukur of the Kaduna State High Court has granted bail to Bashir Abdullahi Mohammed, Oche Ogenyi, Adefila Taofile Kayode, Rabiu Aliko Lawal and Mmadu Mathew who are standing trial on a two-count charge bordering on conspiracy and stealing to the tune of N466, 000, 000.

They were arraigned for allegedly hacking into Polaris Bank’s application to defraud the bank of the said sum.

They had fraudulently increased the N781, 000 in one of the customer’s bank account to N466 million.

One of the counts reads: “That you Bashir Abdullahi Mohammed, Oche Ogenyi, Adefila Taofile Kayode, Rabiu Aliko Lawal and Mmadu Mathew Onyekachi, and others at large sometime in 2018 in Kaduna within the judicial Division of the High Court did conspire amongst yourselves to commit theft of the sum of N446m and you thereby committed an offence contrary to Section 58(1) of the Penal code and punishable under Section 59(1) of the Same Law”.

They had pleaded “not guilty” to the charges.

The trial judge granted them bail in the sum of N1 million each and one surety in like sum, who must have a landed property within Kaduna metropolis.

The case has been adjourned to March 13, 2019 for hearing.

ADVERTISE HERE

CLICK HERE TO COMMENT ON THIS POST

Do you find Naijafinix Blog Useful??

Click Here for Feedback and 5-Star Rating!



Be the first to comment

Share your thoughts

Your email address will not be published.