Bank manager remanded over N12m ATM fraud

A 43-YEAR-OLD bank manager, Fatai Aguntansolo, has been remanded by an Akure Chief Magistrate Court for allegedly stealing N12 million supposed to be deposited in the bank’s Automated Teller Machine (ATM).

Aguntansolo, who was the bank manager of a new generation bank, is now remanded in Olokuta Prison custody and facing criminal charge for diverting the bank fund for his personal use.

The accused person, according to prosecution, committed the offence at the Ido-Ekiti cash centre of Skye Bank Plc under the Akure Regional Office, in Akure Magisterial District on July 8, 2015.

Aguntansolo pleaded not guilty after the charge was read to him, while the Police Prosecutor, Inspector Ajibola Aderemi, prayed the court for adjournment of the case so as to enable him assemble his witnesses and study the case file.

The defence counsel, Barrister Ajayi Adeolu implored the court to grant his client bail in most liberal terms, assuring the court that he would not jump bail if the application was granted.

Aside the plea, he reiterated his readiness to provide a credible and reliable surety, who would stand for the accused person; but the prosecutor opposed the bail application on the ground of the nature of the charge and possibility of influencing the witnesses.

The Magistrate, Mrs. Olayinka Omole, in her ruling granted the prosecutor’s application and ordered that the accused person be remanded in Olukuta prison custody and adjourned the case till October 7, 2015 (today) further hearing.

GUARDIAN NIGERIA