ECO bank arrests branch director over 14 million naira fraud

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The administration of Ecobank Nigeria »

has encouraged the capture of the operational

director of its Ejigbo branch, Akhanenu

Ikechukwu over a claimed misrepresentation of N14m.

As indicated by reports, the 41-year old financier

was given over to security agents by

administration of the bank after he was supposedly

discovered pulling back N14,014.157 from the

record of two clients of the bank without

power.

Affirming the report, the bank's Corporate

Undertakings Office expressed that Ikechukwu was

given over to the Nigerian Police at the Ikoyi

Division Lagos, Western Nigeria for the reported

offense.

It was further accumulated that the bank director

imparted the cash to a specific Nduka

Stephen, whose age was given as 36 years of age.

As indicated by the police, the suspects were

captured taking after a grievance by the

administration of Ecobank.

Ikechukwu's claimed misappropriation of

clients' assets was uncovered when the

administration of Ecobank evaluated their record

books and found the misrepresentation.

After examination by Sergeant Ijatuyi Tope and

his group, the suspects were summoned before an

Igbosere Officers' Court, Lagos on Monday

on a four-number charge of crime to mind misrepresentation,

falsification and taking.

The charged persons argued not blameworthy to the

assertions and Officer P.A. Adekomaiya

conceded them to safeguard in the whole of N3m each

with two sureties each in like entirety.

Adekomaiya suspended the case till 11 July,

2016 for notice, while the litigants were

taken to Ikoyi Jail, Lagos pending the

flawlessness of their safeguard conditions.

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