The economic and financial crime commission EFCC has arraigned Helena Chinelo Odogwu a cash officer at United Bank for Africa, Adankolo Branch Lokoja, before Justice Ajileye on a one-count charge bordering on theft and misappropriation of N8 million (Eight Million naira) only.
It was alleged by a petitioner that the defendant stole from the vault and misappropriated the said sum of money when she was the cash officer.
In the course of the investigation, it was discovered that N8m was missing from the vault and the defendant manipulated the record of the bank to conceal the fraudulent act.
The charge reads: “That you Helena Chinelo Odogwu on or about the 17th day of July, 2018 in Lokoja within the Jurisdiction of this Honourable Court while being the cash officer of Adankolol branch of United Bank of Africa (UBA) Lokoja, stole the sum of Eight Million Naira (N8, 000,000) being money belonging to the United Bank for Africa and thereby committed an offence contrary to Section 286 of the Penal Code Law and punishable under Section 287 of the same Act.”
The defendant pleaded “not guilty” to the charge.
The defendant was thereafter admitted to bail in the sum of N5m, one surety in like sum; surety must not be below the level of a principal officer.
The matter has been adjourned to December 13, 2018, for hearing
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