EFCC, Lagos zonal office, on Wednesday, March 21 2018 Prosecute one Mr Ifeanyi Nwaneri before justice Olusola Ajibike Williams of the Special Offences Court sitting in Ikeja, Lagos on a five count charge bordering on stealing to the tune of N1.2billion.
A customer with Access Bank Plc, was unproven to have fraudulently carried out several transactions on point of sales (POS) terminal issued to him by the bank.
The defendant had approached the bank sometime in March, 2017 for the issuance for a POS and requested that it should be enable to accept international cards.
He started receiving huge inflow into his account through his international cards on July 30, 2017. He constantly received money from July 2017 to September 18 2017 to the tune of N1.2billion.
When the bank noticed how money was being credited into ifeanyi’s account, he was engaged by the Relationship Team Unit of Access Bank to know the nature of his business.
He told the team that he works in “precious stone’, in addition to dealing in automobile parts, he also said that his customers were foreigners. He managed to move sole of the money into different bank account.
Access Bank later received a mail form Inter-switch in which it made declaration of fraud in the transactions of POS belonging to the defendant and the fact that there were no authorization for the transactions from the legitimate owners of the money involved.
Investigations revealed that the defendant carried out the transactions with the VISA international card, the case has been adjourned to April 23 and 27 2018 for the trial continuation..