Awulu Friday Ayegba, a relationship manager employed by a prominent new generation bank, finds himself in the custody of the Economic and Financial Crimes Commission (EFCC) over allegations of misappropriating a substantial sum of N14,850,000.00 from a customer’s account.
This arrest was made possible by the diligent work of EFCC operatives, as revealed in an official statement issued on Thursday by the Commission’s spokesperson, Dele Oyewale.
According to the EFCC statement, Ayegba stands accused of fraudulent withdrawals amounting to N14.8 million from a customer’s account during the period between June 7th and July 21st, 2023. The allegations suggest that Ayegba employed various deceptive tactics in executing these fraudulent transactions.
Reportedly, Ayegba assumed the identities of two individuals, Henry Olowo and Terseer Shibiam, using counterfeit passport photographs, national identification numbers, and phone numbers. These deceptive practices allowed him to establish bank accounts under two company names, Sulib Complex & Investments and Seamless & More Global. Intriguingly, these entities are not duly registered with the Corporate Affairs Commission (CAC).
The EFCC’s intelligence uncovered that Ayegba also engaged in forgery by falsifying documents associated with an individual named Nduka Obinna. This manipulation was carried out to fraudulently apply for a substantial loan facility, totaling N40 million, with the apparent intention of absconding abroad with his family.
The EFCC has affirmed its commitment to a thorough investigation of these allegations, and once concluded, Ayegba will face charges in court. This case serves as a stark reminder of the importance of ethical conduct within the banking and financial sector.
The outcome of this case is highly anticipated, as it highlights the EFCC’s dedication to ensuring that financial crimes are thoroughly investigated and prosecuted.
