A bank marketer, Ojo Biodun, was on Friday docked at an Ejigbo Magistrates’ Court 1, Lagos, for allegedly defrauding Stanbic IBTC Bank of N530,000.

Ojo Biodun, a marketer  was on Friday arraigned at an Ejigbo Magistrates’ Court 1, Lagos, for allegedly defrauding Stanbic IBTC Bank of N530,000.

Biodun, 31, is standing trial on a two-count charge of fraud and theft.Sergeant. Babaji Ishaku the prosecutor, told the court that the accused had between November 2014 and April 9 collected N530, 000 from 14 bank customers under the pretext of opening accounts for them at Stanbic IBTC bank before defrauding them of their hard earned cash.
Testifying in court, the branch manager of Igando Branch of the bank, Mr Muhammed Abu, said Biodun was employed as a part- time marketer  and paid  “commision basis’’.
“The accused was employed to market the bank, but rather went ahead to collect money from customers on the pretext of opening accounts without remitting same to the bank.
“After the case was brought to the police, he has so far refunded N75, 000, though we are yet to ascertain the actual amount because letters of complaints are still coming in,” he told the court.
Abu said that the letters were written by some of the victims while others made verbal reports.
The News Agency of Nigeria (NAN) reports that trial which started in May 20, 2014, was adjourned the fifth time to enable the court to establish enough evidences.
The prosecutor said the offences contravened Sections 285 and 312 of the Criminal Law of Lagos State 2011.
The accused pleaded not guilty. In her ruling, the Magistrate, Mrs J.O. Adeyemi, granted the accused bail in the sum of N500,000 with two sureties in the like sum.
She said the sureties, who should be blood relations, must also have their addresses verified.
The case is adjourned to Nov. 30.
(NAN)