By Matthew Eloyi – Two bank cashiers on Wednesday appeared before a Yaba Chief Magistrates’ Court in Lagos over alleged theft of N2.66 million from a microfinance bank.
The defendants are: Benson James, 43, and Lateef Abolore, 39, of no fixed addresses.
They are facing a two-count charge of conspiracy and theft of which they pleaded not guilty to.
Police prosecutor, ASP Rita Momah, told the court that the defendants committed the offences sometime in 2021 at Akpeka Estate in Ikorodu area of Lagos.
Momah said that the defendants were on contract with the complainant; Crossover Microfinance Bank Ltd., and stole the sum of N2.66 million from the bank.
The offences contravened sections 411 and 287 of the Criminal Law of Lagos State, 2015 (Revised).
It was learned that Section 411 is punishable by two years’ imprisonment for conspiracy, while 287 stipulates three years imprisonment for the offence of theft.
Chief Magistrate, Mrs Adeola Adedayo, admitted the defendants to bail in the sum of N500,000 with two sureties in like sum.
Adedayo directed that both sureties must be residing within the court’s jurisdiction and be gainfully employed with evidence of three years tax payment to the Lagos State Government.
According to her, the sureties must show proof of employment, sources of income and must have their addresses and offices verified by the court.
Adedayo adjourned the case until April 5, for mention.
(NAN)