A former employee of Skye Bank, Mr. Yemi-Aris Olaniran has been charged to court for allegedly defrauding the Federal Government of N78.52 million by the Independent Corrupt Practices and Other Related Offences Commission (ICPC).
In a statement by its spokesperson, Mrs. Rasheedat Okoduwa, the anti-corruption agency alleged that Olaniran created 50 fake accounts in two years and diverted N78.52m meant for the payment of pensioners into the fictitious accounts.
The statement read in part, “The commission, which preferred 24 charges against the ex-banker before Justice Babatunde Quadri, of the Federal High Court, Maitama, Abuja, accused him of allegedly transferring N78, 521,431.61 from the Federal Government Pension funds into private accounts held by non-pensioners in contravention of Section 15 (2) (b) of the Money Laundering Act 2011. The alleged offence is punishable under Section 15 (3) of the same Act.”
Olaniran had earlier been arraigned before Justice Adeniyi Ademola of the Federal High Court 7, Maitama-Abuja, who is currently undergoing trial for allegedly receiving bribes.
Counsel to the Commission said the ex-banker, in one instance opened an account in the name of Ibrahim Nurudeen, and transferred the sum of N11,248,439.52.
In another instance, he was alleged to have wired N9.58m from the Federal Government pension account into a Skye bank account in the name of Umar Abdullahi who was not a registered pensioner.
One of the charges read in part, “That you Yemi-Aris Olaniran, between October 2011 and March 2013 at Gwagwalada Abuja whilst being an employee of Skye Bank Plc directly transferred the sum of N11,248, 439.52 belonging to the Federal Government of Nigeria to an account opened in the name of one Ibrahim Nurudeen when you reasonably ought to have known that such funds were the proceeds of an unlawful act and thereby committed an offence contrary to Section 15 (2) (b) and punishable under Section 15 (3) of the Money Laundering Act 2011 as amended.”
When the charges were read against him, Olaniran pleaded not guilty to all the charges
His counsel, Mr. Ojo Olugbemiga, urged the court to allow his earlier bail to remain.
The trial judge, in his ruling, ordered that his bail should continue and adjourned the matter till April 11, 2017 for hearing.