24TH  DEC. 2013

                  

PRESS BULLETIN

CASE OF CONSPIRACY/STEALING

                             SUSPECT:  ADEOLA OLOKOJOBI

The Petitioner, who is a customer to a new generation financial institution alleged that his account officer, one Adeola Olokojobi had not been forthcoming with his account balances and that the balance given to him was at variance with his actual balance in the account.  The bank internal investigation into the account showed a forged instruction by the account officer in April 2013 transferring the sum of N15million to an unknown customer account.  Also, the bank discovered other various fraudulent withdrawals made by the account officer from other customers’ accounts in his care through fake transfer instructions amounting to over N50million.

The Suspect, Adeola Olokojobi aged 31years is a Banker with Bsc (Banking & Finance).  He joined the new generation financial institution in 2009 as an Account Officer.  He confessed to fraudulent withdrawals amounting to N50,640,748.00 from the account of the Petitioner by transferring funds into the accounts of customers with forged signature and subsequently withdrew same.  The funds were used to finance his political campaign, proposed pure water company and purchase of an uncompleted building at Sango-Ota, Ogun State.    

Arrangement is being made to arraign the suspect in court, very soon.

DSP NGOZI ISINTUME-AGU

Police Public Relations Officer

For: Commissioner of Police

Special Fraud Unit

Ikoyi – Lagos