LOCAL NEWS

EFCC arraigns ex-Sterling Bank manager Anidiobi for N187m fraud

EFCC arraigns ex-Sterling Bank branch manager Anidiobi for fraud
EFCC arraigns ex-Sterling Bank branch manager Anidiobi for fraud

The Economic and Financial Crimes Commission ( EFCC) Enugu Zonal Office on Tuesday, May 7, 2019, arraigned a former acting branch manager of Sterling Bank Plc, Oliver Anidiobi, before Justice C.O. Ajah of the state’s High Court, sitting in Enugu, for N187 million fraud.

According to a statement made available by EFCC, Mr Anidiobi, who was also the Account Relationship Officer of OHHA Microfinance Bank, is facing a 32-count charge bordering on forgery and stealing from the microfinance bank.

Investigations by the Commission revealed that he used his position to convince the microfinance bank to deposit the said amount with him with an accompanying letter of instruction (which he acknowledged) to Sterling Bank. He fixed the amount on behalf of the microfinance bank, only for him to forge a ‘Fixed Deposit Certificate’ as evidence of their investment.

Oliver Anidiobi thereafter, upon receipt of several instalments of the money totalling N187 million (One Hundred and Eighty-Seven Million Naira) diverted the money to his personal use to build a two-storey building of five flats, several plots of land along Enugu Port Harcourt Expressway and an uncompleted four bedroom bungalow at Centenary Estate, Enugu. He also made an investment of over N65 million (Sixty Five Million Naira).

His journey to the dock began when OHHA Microfinance Bank decided to liquidate their two fixed deposits only to discover that there was no record of the transactions found in the system.

One of the counts against him reads:

“Anidiobi Oliver Chukwuka, sometime between 15th day of August 2014 and 28th day of August 2014 in Enugu, within the Jurisdiction of this Honourable Court did commit a felony to wit: stealing by fraudulently converting to your personal use the aggregate sum of N5 million naira only, being property of OHHA Microfinance Bank Limited and thereby committed an offence.”

He pleaded “not guilty” to the charges

Related posts

Appeal Court Confirms Ex- Govs. Nyame and Dariye Jail Terms

yellowdanfo

Navy hands over two suspects, a vessel arrested  in Onne to EFCC

yellowdanfo

FRSC apprehends over 7, 000 traffic offenders in Ogun

yellowdanfo

ISWAP Commander Behind Kogi State Explosion

yellowdanfo

Helicopter crash: Buhari condoles with Nigerian Air Force

yellowdanfo

Tucano aircraft: Air Marshal Abubakar urges for prompt delivery 

yellowdanfo

Lagos Lawmaker Who Slumped At APC Rally Laid To Rest

yellowdanfo

PHOTO: Francisca Ordega celebrates 25th birthday in Style

yellowdanfo

Tinsel stars of Ibrahim Suleiman and Ihuoma Ejiofor are officially Married

yellowdanfo

2021 Grammy Awards: FG Hails Burna Boy And Wizkid

yellowdanfo

Leave a Comment