James Oke, 28 and Moyosore Shofowora, 27 both with Sterling bank have been arrested over the alleged theft of N25,466,330. from the internal control accounts of the bank without authorisation and converted the money to their personal use.
The duo was said to have withdrawn money from the internal control accounts of the bank without authorisation and converted the money to their personal use.
The two bankers were arrested on the order of the Divisional Police Officer, DPO in charge of Lion Building Division, CSP Folashade Tanaruno following a complaint by the management of Sterling Bank through its Chief Security Officer, Mr Okodugha Sunday Evaristus.
At their arraignment at the Igbosere magistrate court, Prosecuting Counsel, Abbass Abayomi informed the Court that the accused persons committed the alleged offence between 22 September, 2016 and 28 July, 2017 during working hours at Sterling Bank Plc, Ogba Branch, Lagos.
James Oke was said to have withdrawn the sum of N9, 377,000 from the account of his employer using the money to process a visa and travel documents to the United States of America. He was arrested at the Murtala Mohammed International Airport, while on a plane about to take off for the United States.
The second accused Shofowora was said to have stolen N16,060,000 from the account of his employer and used part of the money to purchase a Toyota Camry Car valued at N2.5m and confessed that he used the balance to gamble.
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