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EFCC arraigns Olamide Salvador a banker, and Richard for N24m fraud

EFCC arraigns Olamide Salvador a banker, and Richard for N24m fraud

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The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Office, on Wednesday, March 20, 2019, arraigned Olamide Salvador and Richard Olusegun Olatunji before Justice Sherifat Solebo of the Special Offence Court sitting in Ikeja, Lagos on a five-count charge bordering on stealing, forgery and conspiracy to the tune of N24, 183, 120 (Twenty Four Million, One Hundred and Eighty-Three Thousand, One Hundred and Twenty Naira).

The first defendant, Olamide Salvador, allegedly conspired with the second defendant, Olatunji, a manager in Stanbic IBTC, and some others now at large to defraud one Foster Ene of the said sum of money.

The defendants (Olamide Salvador and Richard Olatunji) pleaded not guilty to the charges preferred against them. In view of their plea, the prosecution counsel, G.C. Akaogu, asked for a trial date and prayed that the defendants be remanded in prison custody.

Justice Solebo, however, ordered the defendants to be remanded in prison custody pending the fulfilment of their bail conditions and adjourned the matter to April 29 and 30, 2019.

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