How ex-FCMB staff allegedly stole N30m from Bank in one year of employment – Newstrends
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How ex-FCMB staff allegedly stole N30m from Bank in one year of employment

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A 29-year-old former staff of First City Monument Bank, Adebayo Ayokunle, has been arrested and charged before a Lagos Magistrate’s Court for allegedly withdrawing the sum of N30 million from his employer’s account and converted it to his use just one year after he secured the job and escaped.

The suspect, who fled after the fraud, was attached to the E-Settlement Unit of the Bank, Akoka branch, Lagos State.

According to the police, nemesis caught up with the defendant when the Management of the Bank audited the account of the Akoka branch and uncovered the fraud and reported the matter to the Divisional Police Officer in charge of Lion Building Division, Lagos Island, Lagos.

The DPO, it was gathered, directed his men, led by Inspector Akubor Hassan, to fish out the defendant anywhere he might be hiding.

The Police, after days of Intelligence gathering, tracked the defendant to a hideout in Lagos and arrested him.

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The defendant, a resident of Agric area of Ikorodu, Lagos, was charged before the Tinubu Magistrate’s Court, Lagos on one count charge of stealing.

Police Prosecuting Counsel, Inspector Hafsat Ajibode, told the Court in the charge marked: M/08/2022, that the defendant committed the offence between February and March 2019 at the E-Settlement Unit of the bank, Akoka branch, Lagos, just one year after he secured the job.

Ajibode informed the Court that the defendant betrayed the trust reposed on him by his employer as a Settlement Officer at the Akoka branch of the bank and fraudulently stole the sum of N30 million from his employer’s account and escaped before he was arrested.

She said the offences the defendant committed were contrary to section 280 and punishable under section 287(7) of the Criminal Law of Lagos State, 2015.

The defendant, however, pleaded not guilty to the charge.

The Magistrate, Gbajumo Ayoku, granted him N2 million bail with two sureties in like sum.

Ayoku adjourned the case till May 18, 2022 for commencement of trial and ordered that the defendant be kept at the Ikoyi correctional facility till he perfects the bail conditions.

PMNews/EAGLE

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Delta State Police Arrest Suspects in Killing of Retired Justice Ifeoma Okogwu

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Justice Ifeoma Okogwu

Delta State Police Arrest Suspects in Killing of Retired Justice Ifeoma Okogwu

The Delta State Police Command has made a significant breakthrough in the investigation into the murder of retired Justice Ifeoma Okogwu in Anambra State, arresting key suspects linked to the case.

Spokesperson SP Bright Edafe disclosed on Sunday that operatives of the Homicide Section of the State Criminal Investigation Department (CID), acting on credible intelligence, apprehended 25-year-old security guard Godwin Mngumi on 6 December 2025. Mngumi allegedly murdered the retired judge, and authorities also recovered the deceased’s mobile phone from him.

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According to Edafe, Mngumi confessed to inviting a friend, Nnaji Obalum, and another accomplice — who remains at large — to the residence where the crime was committed. Obalum has since been arrested, while a manhunt continues for the third suspect.

The arrests mark a major step forward in the effort to bring all perpetrators of the high-profile murder to justice.

Delta State Police Arrest Suspects in Killing of Retired Justice Ifeoma Okogwu

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Delta State Police Recover Arms, Arraign 18 Suspects in Crackdown on Cultism, Violent Crimes

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Commissioner of Police, Delta State CP Olufemi Abaniwonda

Delta State Police Recover Arms, Arraign 18 Suspects in Crackdown on Cultism, Violent Crimes

The Delta State Police Command, led by Commissioner of Police CP Olufemi Abaniwonda, has made significant strides in its ongoing campaign against cultism and violent crimes. Recent operations, including an intelligence-led arms recovery in Abraka and the arraignment of 18 suspects, highlight the command’s intensified enforcement efforts across the state.

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Spokesperson SP Bright Edafe said on Saturday that the CP-Special Assignment Team (CP-SAT), under ASP Julius Robinson, executed a successful operation on December 6, 2025, targeting cult-related activities and the proliferation of illegal firearms. Acting on credible intelligence, officers conducted a coordinated search at No. 2 Umeghe Community, Abraka, the residence of Isiakpere Friday, 67.

The move underscores the Delta State Police’s commitment to restoring safety and security in communities affected by criminal and cult-related activities.

Delta State Police Recover Arms, Arraign 18 Suspects in Crackdown on Cultism, Violent Crimes

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Nigerian Army Suspends Retirements for Officers Amid Nationwide Security Emergency

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Nigerian Army Officers

Nigerian Army Suspends Retirements for Officers Amid Nationwide Security Emergency

The Nigerian Army has temporarily frozen both statutory and voluntary retirements for certain officers, including Generals, following the nationwide security emergency declared by President Bola Tinubu. The decision aims to bolster manpower as the country faces a surge in kidnappings and worsening insecurity.

The move comes after more than 600 abduction cases were reported in November 2025, including the kidnapping of over 300 students in Niger State, 38 worshippers in Kwara State, and 25 students in Kebbi State.

An internal circular dated December 3 and signed by Maj. Gen. E. I. Okoro on behalf of the Chief of Army Staff cited provisions in the Harmonised Terms and Conditions of Service Officers (HTACOS) 2024, allowing service extensions “in the interest of the service.” The memo explains that officers usually retire upon reaching age limits, completing 35 years of service, or failing promotion/conversion boards, but these rules can be overridden during national emergencies.

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The suspension affects officers who have:

  • Failed promotion examinations three times
  • Been passed over repeatedly at promotion boards
  • Reached rank age limits
  • Failed conversion boards thrice
  • Completed 35 years of service

Officers granted extensions will remain in service but will not be eligible for further promotions, courses, secondments, or extra-regimental appointments. Those unwilling to continue can still proceed with standard exit procedures.

Commanders have been instructed to communicate the directive and manage morale across units, with the policy to be reviewed once national security conditions improve.

Nigerian Army Suspends Retirements for Officers Amid Nationwide Security Emergency

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