Police arraign First City Monument Bank manager for stealing customer's N30 million

MD, FCMB, Ladi Balogun

Few weeks after the MD of First City Monument Bank (FCMB), Ladi Balogun was allegedly fingered in an adultery saga that led to the collapse of the marriage of a Nollywood star actress, another messy and dirty scandal has hit the foremost bank again. This time, a senior branch manager of the bank at its Okerin branch, Rosemary Usifor, was recently arraigned by the Special Fraud Unit of the Nigeria Police Force for a N30 million fraud, before a Federal High Court sitting in Lagos.

We reliably gathered that Justice Saliu Saidu ordered the accused to be remanded in the SFU custody pending the hearing of the bail application filed by her counsel, Mr. Osa Isibor.
Saidu gave the order of remand after Usifor pleaded not guilty to the one count of fraud.
Usifor, a former bank manager at the Okerin branch of the defunct Finbank, now FCMB, was accused of fraudulently obtaining the sum of N30 million from a fixed deposit account belonging to a customer of the bank. The prosecutor, Mr. Effiong Asuquo, aleged that the accused committed the offence in 2011.
He alleged that the accused forged a letter with which she fraudulently obtained the money from the fixed deposit account of a former deputy Inspector General of Police, Archibong Nkanga, a customer of the bank.
In the words of the prosecution, the accused had been at large since the crime was committed in 2011, until she was eventually arrested in November this year, according to reports from The Punch.
The alleged offence was said to have contravened the provisions of sections 1 (2) (a), (c), and sections 3 (1) (2) of the miscellaneous offences Act, Cap. M17, Laws of the federation, 2004. The matter was adjourned till January 7, 2014, for the hearing of the accused person's bail application.