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

Power outages: NERC orders compensation for Band-A customers
Business

NERC dissolves Kaduna Disco board over N456bn debt

August 10 2026
Fake agency scandal: Presidency faces heat as FG prosecutes embattled DG
Financial Crimes

PFIPC scandal: Adeyemi demands media, lawyers’ presence before Reps probe

August 10 2026
Italy-based bizman excretes 98 cocaine wraps at Enugu Airport
Financial Crimes

Italy-based bizman excretes 98 cocaine wraps at Enugu Airport

August 10 2026
NDIC begins liquidation of Aso Savings, Union Homes
Business

Revoked Licences: NDIC begins payment to depositors of 46 defunct microfinance banks

August 10 2026
NCS uncovers 399 rifles in Tin Can port shipment
Business

NCS uncovers 399 rifles in Tin Can port shipment

August 10 2026
Nigeria, Canada expand air agreement to allow direct flights
Business

Nigeria, Canada expand air agreement to allow direct flights

August 8 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

Federal High Court relocates Lagos division to new complex

Federal High Court relocates Lagos division to new complex

by The Editor
August 6 2026
0

...

Kano Assembly suspends three LG chairmen for alleged misconduct

Kano Assembly suspends three LG chairmen for alleged misconduct

by The Editor
August 4 2026
0

...

NDDC trains traditional birth attendants to reduce maternal, newborn deaths

NDDC trains traditional birth attendants to reduce maternal, newborn deaths

by The Editor
July 29 2026
0

...

Cross River Igbo community alleges illegal taxation, seeks government intervention

Cross River Igbo community alleges illegal taxation, seeks government intervention

by The Editor
July 27 2026
0

...

APPOINTMENTS

Police IG deploys new CPs to eight states, other formations

Police IG deploys new CPs to eight states, other formations

by The Editor
August 7 2026
0

...

Katsina governor swears in four permanent secretaries

Katsina governor swears in four permanent secretaries

by The Editor
August 6 2026
0

...

Rivers State not for political war, says Fubara

Gov. Fubara swears in 12 perm secs, urges commitment

by The Editor
July 31 2026
0

...

Tinubu appoints new special adviser on House of Reps matters

Tinubu appoints new special adviser on House of Reps matters

by The Editor
July 27 2026
0

...

ODDITIES

Indimi joins appeal against $43.5m judgement award to daughters

Indimi joins appeal against $43.5m judgement award to daughters

by The Editor
August 6 2026
0

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

by The Editor
July 23 2026
0

75-year-old man bags 10 years jail for defiling minor

75-year-old man bags 10 years jail for defiling minor

by The Editor
July 16 2026
0

GLOBAL NEWS

EU denies pulling out of Nigeria’s 2027 election observation

EU denies pulling out of Nigeria’s 2027 election observation

by The Editor
August 10 2026
0

...

Queen Elizabeth dies at 96, Charles becomes King

UK radio broke rules in announcing king’s death — Official

by The Editor
August 10 2026
0

...

Israel rejects Donald Trump’s plan to end Gaza war

Israel rejects Donald Trump’s plan to end Gaza war

by The Editor
August 9 2026
0

...

Senegal jails three TikTok influencers over posts criticising Pres. Faye

Senegal jails three TikTok influencers over posts criticising Pres. Faye

by The Editor
August 8 2026
0

...

Saudi Arabia, Turkey, Pakistan sign joint defence deal

Saudi Arabia, Turkey, Pakistan sign joint defence deal

by The Editor
August 7 2026
0

...

State of the States

Why Kano govt spent N1.5bn on mass wedding – Gov. Yusuf

Why Kano govt spent N1.5bn on mass wedding – Gov. Yusuf

by The Editor
August 10 2026
0

...

Kebbi governor convenes emergency security meeting

Kebbi governor convenes emergency security meeting

by The Editor
August 6 2026
0

...

Enugu launches ETTW TV to showcase transformation, investment opportunities

Enugu launches ETTW TV to showcase transformation, investment opportunities

by The Editor
July 31 2026
0

...

Lagos to introduce special vehicle number plates for PWDs

Lagos to introduce special vehicle number plates for PWDs

by The Editor
July 29 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Power outages: NERC orders compensation for Band-A customers

NERC dissolves Kaduna Disco board over N456bn debt

August 10 2026
2027: Court sacks Ondo Rep as APC candidate

FG files fresh charge against Abuja doctor over IVF fraud

August 10 2026
Insecurity: Blood of innocent Nigerians will judge you – Atiku tells Tinubu

Atiku challenges Tinubu to explain $20bn Chagoury deals

August 10 2026
EU denies pulling out of Nigeria’s 2027 election observation

EU denies pulling out of Nigeria’s 2027 election observation

August 10 2026

EDITORIAL REVIEW

FG embarks on expansion, decongestion of custodial centres

Prison reform can’t wait any longer – Punch

by The Editor
August 9 2026
0

Osun’s toxic election buildup – Punch

Osun’s toxic election buildup – Punch

by The Editor
August 7 2026
0

We need strong civil aviation authority – Punch

We need strong civil aviation authority – Punch

by The Editor
August 6 2026
0

Nigeria must stop misplaced budgetary allocations – Punch

Nigeria must stop misplaced budgetary allocations – Punch

by The Editor
August 5 2026
0

Kano must curb its drug epidemic – Punch

Kano must curb its drug epidemic – Punch

by The Editor
August 4 2026
0

Opinion

Airtime credit dispute and need for clarity

Airtime credit dispute and need for clarity

by The Editor
August 5 2026
0

...

Tinubu swears in four Permanent Secretaries, INEC commissioner

Tinubu: The Audacity to Hope – Three years after

by The Editor
July 31 2026
0

...

Remi Tinubu under fire over akara, roasted corn remarks

Beyond ‘akara’ leadership

by The Editor
July 6 2026
0

...

Trump’s U-turn on Iran war ends Israel’s Middle East dream

Trump’s U-turn on Iran war ends Israel’s Middle East dream

by The Editor
June 17 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.