Home News Seriously? Men Who ‘Defrauded’ Polaris Bank Of N466m Granted Bail For Just...

Seriously? Men Who ‘Defrauded’ Polaris Bank Of N466m Granted Bail For Just N1m

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Justice Mohammed Tukur of the Kaduna State High Court has granted bail to Bashir Abdullahi Mohammed, Oche Ogenyi, Adefila Taofile Kayode, Rabiu Aliko Lawal and Mmadu Mathew who are standing trial on a two-count charge bordering on conspiracy and stealing to the tune of N466,000,000 (Four Hundred and Sixty Six Million Naira).

They were arraigned on January 16, 2019 for allegedly hacking into Polaris Bank’s application to defraud the bank of the said sum. They had fraudulently increased the N781,000 in one of the customer’s bank account to N466 million.

One of the counts reads: “That you Bashir Abdullahi Mohammed, Oche Ogenyi, Adefila Taofile Kayode, Rabiu Aliko Lawal and Mmadu Mathew Onyekachi, and others at large sometime in 2018 in Kaduna within the judicial Division of the High Court did conspire amongst yourselves to commit theft of the sum of N446m and you thereby committed an offence contrary to Section 58(1) of the Penal code and punishable under Section 59(1) of the Same Law”.

They had pleaded “not guilty” to the charges.

The trial judge granted them bail in the sum of N1m each and one surety. The case has been adjourned to March 13, 2019 for hearing.

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