A former employee of Wema Bank Plc on Thursday appeared before an Igbosere Magistrates’ Court in Lagos for allegedly transferring customers’ N2.4 million fraudulently.

Kazeem Olawuwo, 37, was arraigned alongside his female friend, Risikatu Wahab, 35, on a 12-count bordering on conspiracy, fraud and stealing.

The prosecutor, Sgt. Friday Mameh, told the court that the accused committed the offences sometime in October 2016 and April 2018 at Wema Bank Plc, Orile Iganmu branch, Lagos.

He said that Olawuwo used his position as a staff of the bank to fraudulently transfer a total of N2.4 million to different accounts.

According to the prosecutor, the monies were transferred in tranches from different customers’ accounts to his friends’ accounts.

He said the second accused, Wahab, was one of Olawuwo’s friends who received the monies with the knowledge that the transaction was fraudulent.

According to Mameh, Olawuwo fraudulently transferred N500,000 to Wahab from a customer’s account number 0222111335.

The prosecutor said Olawuwo also transferred a total of N1.9 million to one Kazeem Olanrewaju still at large, adding that the transfer to Olanrewaju was done five different times.

He said all the monies belonged to Wema Bank Plc.

The offences contravened Sections 287 (7), 365 (1) and 411 of the Criminal Law of Lagos State, 2015.

The duo pleaded not guilty.

In her ruling, the Magistrate, Mrs M. F. Onamusi, granted them bail in the sum of N1 million each with two sureties each in like sum.

She said that the sureties must be gainfully employed, must show evidence of tax payments to the Lagos State Government and have their addresses verified.