Man on trial for attempted N7.1m ATM fraud in Ibadan

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Man on trial for attempted N7.1m ATM fraud in Ibadan

Fifty-four-year-old Emmanuel Oti, who allegedly attempted to defraud a first generation bank in Ibadan of N7.1 million with an ATM card, is standing trial before an Iyaganku Chief Magistrates’ Court.

Oti, a resident of Gbwom, Jos, was arraigned for attempt to commit fraud.

The accused and a man still at large allegedly conspired to commit the offence on August 15 at 4.00 p.m. at a branch of Union Bank at the University College Hospital, Ibadan.

Prosecutor Sunday Ojeleye told the court that the accused and his accomplice went to the bank to demand for an Automated Teller Machine card.

He said, “It was discovered by a bank official that the account for which Oti was requesting ATM card belongs to another customer of the bank.

“The account owner (name withheld) had in his account about N7.1 million.

“The bank official discovered that the picture and signature of the account owner were different from Oti’s.’’

He said Oti requested for the ATM card to enable to him to have access to the account and withdraw all the money in it.

He said, “The official alerted bank’s security guards, who arrested him and handed over to the police.”

The offence contravened Section 422 of the Criminal Code, Laws of Oyo State 2000.

The accused, if convicted, may be sentenced to seven years imprisonment according to the Criminal Code.

Chief Magistrate Abdulateef Adebisi granted the accused bail in the sum of N200, 000 with two sureties in like sum.

Adebisi said one of the sureties must be a blood relation of the accused and adjourned the case to September 21 for hearing.

(NAN)