A banker, Bawa Momodu, is standing before Justice I.E Ekwo of the
Federal High Court sitting in Port Harcourt, Rivers State on a 16-count
charge bordering on forgery, uttering and stealing to the tune of N27
million. He was arraigned by the Economic and Financial Crimes
Commission, EFCC, after his arrest. The petitioner, Sterling
Bank Plc, alleged that Momodu, a former staff of the bank, stole the
said amount from the account of one of the bank’s customers. The accused
allegedly forged the signature of the said account holder, and
fraudulently withdrew the money from the bank, it said.
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