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EFCC arraigns FCMB Bank, staffs for alleged criminal negligence

The Makurdi Zonal Office of the Economic and Financial Crimes Commission (EFCC), Monday, arraigned the First City Monument Bank, FCMB, alongside two of its employees over alleged advanced fee fraud and criminal negligence.



According to Daily post, The suspected bank employees are Timothy Shoon, an account officer and Obende Thomas, head of operations.

The trio were made to appear before Justice Mobolaji Olajuwon of the Federal High Court, Makurdi, Benue State.

EFCC spokesman, Wilson Uwujaren disclosed this in a statement in Abuja.

But the suspects reportedly pleaded not guilty to the charges.

It was on this ground that the prosecution counsel, G. G. Chia-Yakua asked the court for a trial date and for the defendants to be remanded in prison custody.



However, the Counsel to defendants, F.M.E. Nezan made an oral application for their bail on liberal terms.

In his ruling, Justice Olajuwon granted them bail in the sum of N1,000,000. 00 (One Million Naira) each, with one surety in like sum.

He also ordered that the sureties must come from reputable companies or banks and not below the level of the defendants.



The presiding Justice added that the sureties must also present a letter of identification from their employers to the court and must show evidence of tax clearance, as well as submit two recent passport photographs of themselves, while their addresses and documents presented to the court must be verified by the registrar and the prosecutor.

Also, the case was adjourned to December 10 for trial, while the defendants were remanded in a Correctional Centre, pending the perfection of their bail conditions.
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