Ajayi Olusola, a former employee of Stanbic-IBTC Bank, has been charged by the police with defrauding the bank of N205m before a Federal High Court in Lagos.
The Police Special Fraud Unit, Ikoyi, Lagos, has filed three counts of conspiracy, acquiring under false pretenses, and unlawful conversation against the defendant.
The defendant allegedly committed the fraud with two other people, Ayodele Olaogun and Hakeem Abdulhadi, who were at large, according to the prosecution, Mr. Sylvester Azubuike, who testified in court.
According to Azubuike, Olusola, who currently runs a business called Abel System Services Limited, is accused of committing the fraud between 2015 and 2021 when he was employed by the bank.
Before Justice Abimbola Awogboro, the ex-banker and his company were presented in court.The accused entered a not-guilty plea to the accusations.
He was granted bail in the amount of N50m with two sureties in the same amount by Justice Awogboro.
The matter was postponed by the court until the start of the trial on November 10.
