EFCC Arraigns Bank Manager for N200 million Fraud

The Economic and Financial Crimes Commission, EFCC, has arraigned one Tajudeen Yusuf, 35, before Justice A. L. Allagoa of the Federal High Court, Jos on a five count charge bordering on theft, forgery and obtaining money by false pretence.

Yusuf, a former Business Development Manager of Skye Bank, Jos Branch is alleged to have at different times received the sum of N200 million from one Alhaji Usman Tetengi, a customer of the bank for deposit in his account.

Rather than pay the said amount into the customer account, the accused allegedly diverted the money for personal use while issuing fake deposit slips under the pretense that the account of the customer has been credit.

One of the counts reads: “That you Tajudeen Yusuf sometimes between the year 2010 and 2013 in Jos, Plateau state within the jurisdiction of this Honourable Court, with intent to defraud, obtained the sum of two hundred million naira (N200, 000, 000.00) only under false pretense from one Alhaji Usman Tetengi to be placed as fixed deposit in the bank to yield profit and thereby committed an offence contrary to section 1 (1) and punishable under section 1 (3) of the Advance Fee Fraud and other Fraud Related offences Act of 2006.”

The accused pleaded not guilty to the charge when it was read to him. On the strength of the not guilty plea of the accused, Justice Allagoa ordered that he should be remanded in prison custody. The case was adjourned to Friday November 21, 2014 for further hearing on the bail application.

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