Ecobank Nigeria has handed over to the police for prosecution three of its employees found to have stolen a total sum of N2.8 Million from customers’ accounts through forged signatures.

The alleged offence was discovered by the Quality Assurance Unit of the bank during weekly reconciliation. Consequently, the three accused have already been charged at a Tinubu Magistrates’ Court on Lagos Island, Lagos State, on a three-count charge of conspiracy, forgery, and stealing.

The prosecutor, Inspector Nurudeen Thomas, told the court that the accused persons, Oluwatoyin Adetunji, Oluwatosin Obademi, and Olushola Ogunshina, were discovered in a routine inspection conducted by Ecobank Quality Assurance Department to have forged signatures of some customers and stolen N2.8 million from their accounts at the Iyana-Ipaja branch of the bank July 10-14, 2015.

Inspector Thomas informed the court that Mr. Adetunji and Mr. Obademi were cashiers, while Mr. Ogunshina was an Information Technology personnel in the bank. He explained that the bank called in the police to affect the arrest of the three.

According to the prosecutor, Mr. Obademi and Mr. Ogunshina in their confessional statements claimed that Mr. Adetunji came to them with the deal and promised to pay them N350,000 each.

Mr. Thomas noted that the offences contravened Sections 285, 361 and 409 of the Criminal Code of Lagos State, 2011.

The Chief Magistrate, K. B. Ayeye, granted the accused persons bail in the sum of N200,000 with two sureties each in like sum and adjourned the case to February 22 for a hearing.

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