EFFC Arraigns Banker Over Signature Forgery, N80m Fraud

For reasons of alleged forgery involving about  Eighty million (N80m) the Economic and Financial Crimes Commission (EFCC), has arraigned one Kolapo Oduwole before Justice Musa Danladi of the Katsina State High Court.

The Kano Zonal office of the EFCC effected the arraignment, accusing the suspect of forging signatures of Relationship Manager of a bank (name held back) on three fixed deposits certificates

The accused, now faces a six -count bordering forgery and fraud in the sum of N80, 000,000( Eighty Million Naira only).

He is alleged to have. After forging their signatures, subsequently got some customers to fix their money in fixed deposit accounts controlled only by him.

It was further alleged that, after the money was fixed,

Following their fixing, the banker allegedly used the funds in conducting his personal businesses.

According to one of the charges: “ You Kolapo Oduwole on the 3rd March, 2020 at Katsina, within the jurisdiction of this honourable court forged a certain document to wit: Re: Investment of (N80,000,000) Eighty Million Naira Only with intent to cause damage to one Abubakar Mohammed by making him to believe that you had placed the money in a  fixed deposit with the bank and you thereby committed an offense contrary to section 340 and punishable under section 341 of the Penal Code Law of Katsina State 2019”.

Responding however, the accused pleaded not guilty to the charge of forgery, making the prosecution counsel, Aisha Tahar Habib to request the court for a trial date and that the defendant be remanded in the Commission’s custody as he is still under investigation.

According to a Vanguard report, the defence counsel, M.M Rimaye, did not object to the prosecution’s application.

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Justice Danladi adjourned the matter till October 12, 2020 for commencement of trial and remanded the accused person in EFCC’s custody.