First City Monument Bank, FCMB, is in the news again for the wrong reason . This time, Adebayo Ayokunle a former staff of the bank was arrested and charged before a Lagos Magistrate’s Court for allegedly withdrawing the sum of N30million from his employer’s account and converted it to his use just one year after he secured the job and escaped.
The 29 years old banker was attached to the E-Settlement Unit of the Bank, Akoka branch, Lagos.
According to the police, nemesis caught up with the him when the Management of the Bank audited the account of the Akoka branch and uncovered the fraud and reported the matter to the Divisional Police Officer, DPO in charge of Lion Building Division, Lagos Island, Lagos.
The DPO, it was gathered directed his men led by Inspector Akubor Hassan to fish out the defendant anywhere he might be hiding.
The Police, after days of Intelligence gathering tracked the defendant to a hideout in Lagos and arrested him.
The defendant, a resident of Agric area of Ikorodu, Lagos was charged before the Tinubu Magistrate’s Court, Lagos on one count charge of stealing.
Police Prosecuting Counsel, Inspector Hafsat Ajibode told the Court in the charge marked M/08/2022 that the defendant committed the offence between February and March, 2019 at the E-Settlement Unit of the bank, Akoka branch, Lagos just one year after he secured the job.
Ajibode informed the Court that the defendant betrayed the trust reposed on him by his employer as a Settlement Officer at the Akoka branch of the bank and fraudulently stole the sum of N30m from his employer’s account and escaped before he was arrested.
She said the offences the defendant committed were contrary to section 280 and punishable under section 287(7) of the Criminal Law of Lagos State, 2015.
The defendant, however, pleaded not guilty to the charge and the Magistrate, Mrs Gbajumo Ayoku granted him N2m bail with two sureties in like sum.
Ayoku adjourned the case till 18 May, 2022 for commencement of trial and ordered that the defendant be kept at the Ikoyi correctional facility till he perfected the bail condition.
Fidelity Bank Wins Best SME Bank Nigeria at Global Banking & Finance Awards 2022
Fidelity Bank Plc, has been announced as the 2022 Best SME Bank in Nigeria by the Global Banking & Finance Review at its Annual Global Banking & Finance Awards which held in London, UK recently.
Global Banking & Finance Review is the leading online, digital, and print magazine for the banking and financial sector. The website receives over 7 million page views each year thanks to its balanced views and informative, independent news centered on the financial sector. The Global Banking & Finance Awards was created to recognize companies of all sizes that are prominent areas of expertise and excellence within the global financial community.
“Global Banking and Finance Review is privileged to honor those financial institutions that have achieved outstanding results and who stand out in their particular area of expertise in the banking and finance industry. Global Banking & Finance Review would like to congratulate the award winners and look forward to their continued success.
“The awards were created to recognize companies of all sizes that are prominent in particular areas of expertise and excellence within the financial community. They reflect the involvement of leading financial organizations and recognize the accomplishment, achievement, innovation, strategy, and progressive and motivating changes taking place within the financial sector”, reads a statement on the Global Banking and Finance Awards website.
Commenting on the award, MD/CEO Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe said, “We are grateful for this recognition and dedicate the award to our customers who rely on us to provide the right support for scaling their business. Receiving this award at the beginning of the year, provides us with increased motivation to do more in helping our clients achieve their strategic business goals.”
Fidelity Bank is a full-fledged commercial bank operating in Nigeria with over 7.2 million customers serviced across its 250 business offices and digital banking channels. The bank was recently recognized as the Best Private Bank in Nigeria and Best Private Bank Digital Solutions for Clients in Africa in the Global Finance’s World’s Best Private Banks 2023 Awards; as well as the Best Commercial Banking Brand in Nigeria by the Global Brands Magazine Awards. The bank has also won awards for the “Fastest Growing Bank” and “MSME & Entrepreneurship Financing Bank of the Year” at the 2021 BusinessDay Banks and Other Financial Institutions (BAFI) Awards.
Buhari Will Commission Dangote Refinery Before May 29 -Dangote Group
The attention of Dangote group has been drawn to some misleading reports regarding the commissioning of its Dangote Refinery during the present working visit of President Muhammadu Buhari GCFR to Lagos State.
In a terse statement signed by the Group Chief, Branding & Communications Officer, Dangote Industries Limited, Mr Anthony Chiejina, the Group averred that “We want to state categorically that our 650,000 barrels per day (bpd) Refinery project was never part of the President’s programme on projects to be commissioned.
“For the record, the projects slated for commissioning in Lagos State by President Muhammadu Buhari GCFR include: Lekki Deep Sea Port; 32-Metric Tonnes Lagos Rice Mill, Imota; 18.75km Eleko to Epe T Junction Express road; John Randle Centre for Yoruba Culture and History, Onikan, Blue Line Rail (Phase 1) commissioning (Marina to Mile 2); Groundbreaking for the Blue Line Rail Phase 2 (Mile 2 to Okokomaiko), and MRS Lubricant, a private project in Apapa.
However, our Refinery will be commissioned before President Muhammadu Buhari GCFR formally leaves office in May, 2023, and the public will be duly informed and invited to the epic event.”
Before this statement today, Business Hilights recalls that there had been a fake news in an unverified twitter handle saying President Buhari will among other things commission the refinery which the company debunked and described as fake.
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