EFCC docks banker for multi-million naira fraud

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Edwin Eriye

One Adam Kaka Adam has been arraigned before Justice Ibrahim Jauro of Yobe State High Court by the Economic and Financial Crimes Commission (EFCC), Maiduguri zonal office for alleged criminal misappropriation to the tune of N11, 657, 500. 00 (Eleven million, six hundred and fifty-seen thousand, five hundred naira)

The suspect, who was arraigned on Thursday, was a former service manager in charge of vault room and automated teller machine (ATM) in Unity Bank, Plc Damaturu branch, Yobe state.

EFCC beamed their spotlight on Adam when his employer, Unity Bank Plc, petitioned him, alleging criminal misappropriation of the said sum, meant to be fed the ATM machines of the branch but allegedly converted to his personal use.

Justice Jauro admitted the defendant to bail in the sum of N1million with two sureties in like sum and adjourned the case to October 15, 2019 for commencement of trial.


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