Microfinance Bank Staff Remanded For Alleged N3.3 Million Fraud In Osogbo

An Osogbo Magistrate’s Court has remanded a 27-year-old man, Oluwatosin Ajayi in Ilesa Correctional Centre for allegedly converting sum of N3, 300,000 belonging to his company to own personal use in Osogbo.

Ajayi, a staff at ASHA Microfinance Bank, Osogbo, was said to have forged the company’s cheque and fraudulently withdrawn the sum of N3,300,000 from Zenith Bank account number 1013009291 belonging to the company under the pretence of withdrawing the money on behalf of the company.

The defendant was also accused of unlawfully falsifying the company’s statement of account which he presented as genuine.

According to the charge sheet obtained by OSUN DEFENDER yesterday, the defendant committed the offence between October 8, and December 2021.

The alleged offence according to the police contravened sections 516, 467, 419 and 390(9) of the Criminal Code, Cap 34, Vol.II, Laws of Osun state, 2002.

But, the defendant pleased not guilty to a four-count charge of conspiracy, forgery, fraud and stealing levelled against him.

Earlier, the defense Counsel, Oladipupo Olatunbosun prayed the court to admit the defendant to bail in a liberal term, noting that he will provide a reliable surety.

In his rulling, the presiding Magistrate, Aekanmi Adeyeba ordered that the defendant be remanded in Ilesa Correctional Centre.

The case was adjourned till February 16, 2022 for hearing.