Bank employee in court for stealing N5.31 million
A microfinance bank employee, Leo Ehiorobo, on Tuesday, appeared before an Ikeja Magistrates’ Court for allegedly stealing N5.31 million from his employer.
Ehiorobo, whose residential address was not provided, is facing a count charge of stealing.
The News Agency of Nigeria reports that the 41-year-old pleaded not guilty to the charge.
The prosecutor, SP Josephine Ikhayere, told the court that the defendant committed the crime from January to March.
Ikhayere said that Ehiorobo, an employee of Lapo Microfinance Bank, Oshodi Branch, stole a total of N5.31 million from the bank during the period.
She said that the offence was punishable under Section 287 (7) of the Criminal Law of Lagos State, 2015.
The Magistrate, Mr Lateef Owolabi, admitted the defendant to N500,000 bail with two sureties in like sum and adjourned the matter until May 30 for mention.
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