TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Diamond bank worker on trial for aiding N241m fraud

The Citizen by The Citizen
May 4 2015
in Business, Financial Crimes, Uncategorized
A A
0

A Federal High Court in Lagos, last week Thursday, ordered the prison remand of a female member of staff of Diamond Bank Plc, Eniola Morondiya, who allegedly aided some fraudsters to process N241m said to be proceeds of a criminal act.

Morondiya, a teller on contract employment with Diamond Bank, was remanded along with the four alleged fraudsters, Suleiman Mohammed, Ibrahim Danazumi, Roland Aroko and Francis Akpabio, all males.

The remand of the five accused persons followed their arraignment on four counts of conspiracy and money laundering before Justice Okon Abang.

The prosecution, in the charge marked FHC/L/170c/15, alleged that the plot to move the N241m proceeds of criminal act, using Morondiya, was hatched during a meeting of the accused persons with some persons still at large on February 1, 2015.

Members of the fraud syndicate were said to have met at Protea Hotel in Maryland, Lagos where they conspired among themselves to, with the assistance of Morondiya, move the N241m into various bank accounts in order to conceal the illicit origin of the huge sum.

Morondiya, who worked at the Jibowu, Yaba branch of Diamond Bank, was alleged to have been paid N3m by one Solomon Ikeije, being her promised share of the N241m made from an alleged illegal deal.

She allegedly received the money on February 3, 2015 and retained same in her own bank account after helping the fraud syndicate to post the N241m on February 2, 2015.

The prosecutor, E.K. Ugwu, further alleged that the fifth defendant, Akpabio, received and concealed N27m of the N241m in the Diamond Bank account of his company, Edokori Oil Ventures.

Akpabio was accused of transferring N7m out of the N27m he received into a certain account number with Ecobank and thereafter transferred another N2.1m into a separate account before withdrawing N3m for himself at the Burma Road, Apapa, Lagos branch of Diamond Bank on February 2, 2015.

According to the prosecution, as of the time of investigation, N15m was discovered in Akpabio’s Diamond Bank account.

The five accused persons were charged for allegedly violating Section 15(2) (3), 17 and 18(a) of the Money Laundering (prohibition) Act, 2012.

They however pleaded not guilty to the charges, following which the prosecutor moved the court to remand them in prison custody.

Previous Post

Dangote Cement production hits 30 million metric tonnes

Next Post

Our ordeals in Sambisa Forest – Survivors

Related Posts

Nigeria, U.S. sign framework for $700 billion mineral investment
Business

Nigeria, U.S. sign framework for $700 billion mineral investment

September 25 2026
Gambia orders banks to replace foreign workers with locals
Business

Gambia orders banks to replace foreign workers with locals

September 25 2026
Enugu Air opens international route to Cameroon, begins Enugu-Douala service
Business

Enugu Air opens international route to Cameroon, begins Enugu-Douala service

September 25 2026
EFCC recoveries: The good, the bad and the ugly – Punch
Business

Dangote to support 2m women with refinery shares

September 23 2026
30 banks meet CBN recapitalisation rules as deadline nears
Business

CBN cuts interest rate to 23%, vows to contain election liquidity

September 23 2026
FG moves to implement Digital Free Zones
Business

FG moves to implement Digital Free Zones

September 17 2026
Next Post

Our ordeals in Sambisa Forest – Survivors

Ogun Chief Judge frees 38 prisoners

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

APPOINTMENTS

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

by The Editor
September 23 2026
0

...

Gov. Yahaya swears in 19 new Gombe permanent secretaries

Gov. Yahaya swears in 19 new Gombe permanent secretaries

by The Editor
September 11 2026
0

...

Niger State governor appoints six commissioners-designate, four aides

Niger State governor appoints six commissioners-designate, four aides

by The Editor
September 8 2026
0

...

Tinubu swears in Enitan as new Head of Service

Tinubu swears in Enitan as new Head of Service

by The Editor
August 28 2026
0

...

ODDITIES

Residents find lifeless body in Akwa Ibom gutter, police begin probe

New co-tenant absconds with neighbour’s children in Akwa Ibom

by The Editor
September 17 2026
0

Palliatives: Sokoto residents feared dead in stampede at Wammako’s residence

Police Inspector slumps, dies after fitness exercise

by The Editor
September 3 2026
0

How friend deceived me to sell my kidney, bought phones with payment — Victim

How friend deceived me to sell my kidney, bought phones with payment — Victim

by The Editor
August 30 2026
0

GLOBAL NEWS

Gambia orders banks to replace foreign workers with locals

Gambia orders banks to replace foreign workers with locals

by The Editor
September 25 2026
0

...

Trump signs security deal with Greenland, Denmark at UN

Trump signs security deal with Greenland, Denmark at UN

by The Editor
September 23 2026
0

...

Trump bars CNN, MS NOW, Politico from White House

Trump bars CNN, MS NOW, Politico from White House

by The Editor
September 18 2026
0

...

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

by The Editor
September 17 2026
0

...

Canada flags Nigeria, 16 African countries as high-risk in new travel advisory

Canada raises study permit, visitor visa processing times for Nigerians

by The Editor
September 17 2026
0

...

State of the States

Enugu Air opens international route to Cameroon, begins Enugu-Douala service

Enugu Air opens international route to Cameroon, begins Enugu-Douala service

by The Editor
September 25 2026
0

...

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

by The Editor
September 17 2026
0

...

Fubara orders fresh LG elections in Rivers State

Fubara signs N1.84tt Rivers 2026 budget into law

by The Editor
September 3 2026
0

...

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

by The Editor
September 2 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

September 25 2026
Nigeria, U.S. sign framework for $700 billion mineral investment

Nigeria, U.S. sign framework for $700 billion mineral investment

September 25 2026
Court nullifies Pantami as Gombe PDP guber candidate

Court nullifies Pantami as Gombe PDP guber candidate

September 25 2026
Process of rigging 2027 polls has started — Prof Jinadu reveals

2027: Elections must be decided at polls, not courts — Onaiyekan, Osigwe

September 25 2026

EDITORIAL REVIEW

Tele-robotic surgery: Nigeria needs more medical feats – Punch

Tele-robotic surgery: Nigeria needs more medical feats – Punch

by The Editor
September 25 2026
0

2027: Voter registration figures must mirror turnout – Punch

2027: Voter registration figures must mirror turnout – Punch

by The Editor
September 17 2026
0

EFCC recoveries: The good, the bad and the ugly – Punch

EFCC recoveries: The good, the bad and the ugly – Punch

by The Editor
September 11 2026
0

Football’s house of failure – Punch

Football’s house of failure – Punch

by The Editor
September 8 2026
0

FAAC shares N2.09tr to FG, states, local councils as October revenue

FAAC bonanza: Nigeria’s fiscal paradox – Punch

by The Editor
September 3 2026
0

Opinion

Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

by The Editor
September 25 2026
0

...

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Fake agencies: Why Nigeria still needs Oronsaye report

by The Editor
August 25 2026
0

...

How Adeleke danced back from the dead

How Adeleke danced back from the dead

by The Editor
August 19 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.