Four bankers with Richway Microfinance Bank Limited, were today, arraigned before a Federal High Court, Lagos over an alleged N182, 302,151.75 million fraud, by the operatives of the Force Criminal Investigation Department ForceCID Annex Alagbon-Ikoyi Lagos.
The bankers arraigned before Justice Alexander Owoeye led-court are: Imuraina Rebecca Ikeoluwa; Olabanji Adekunle Peter; Nwokoma Silverline Ngozi and Ayeni Samson Olubunmi.
They were arraigned on a four-count charge of conspiracy, obtaining by false pretence, unlawful transfer of funds and cybercrime related impersonation.
The prosecutor, Barrister Morufu Ajani Animashaun, while arraigning the defendants, told the court that they committed the alleged offences between January and December 2025, at the bank’s Lagos office, situated at Plot 27, Admiralty Way, Lekki Phase 1, Lagos.
Prosecutor alleged that the all the defendants conspired among themselves and with others now at large to defraud a customer of the bank Sanusi Hotel one and two with account numbers 11000233002) and 12000233003).
The prosecutor also told the court that the defendants transferred a total sum of N182,302,151.75 million from the customer’s accounts into various bank accounts belonging to different individuals.
To commit the alleged acts, the defendants were alleged to have compromised the bank’s system and created a fake email address, sunnatbello@ghotmail.com, which closely resembling the legitimate address  sunatbello@hotmail.com, in order to facilitate the alleged scheme.
The offences according to the prosecutor are contrary to Section 8(a); 7(1)(b)(i) of the Advance Fee Fraud and Other Fraud Related Offences Act No. 14 of 2006 and is punishable under Section 1(3) of the same Act.
The offences also contravene Section Section 390(7) of the Criminal Code Act, Cap C38, Laws of the Federation of Nigeria 2004. And Section 13(b)(ii) and (iii) of the Cybercrimes (Prohibition and Prevention) Act, 2015. And
All the defendants pleaded not guilty to the charges when it was read to them.
Following the not guilty plea, the prosecutor asked for trial date and urged the court to remand them in the custody of the Nigerian Correctional Services NCoS pending trial.
But their lawyers, after citing plethoras of legal authorites, orally applied to court for their clients’ bail application. The move which was vehemently opposed by the prosecutor, on the ground that proper applications were not before the court.
However, the presiding judge, in his ruling, acceded defendants’ lawyers request and admitted the defendants to bail in sum terms and conditions.
Ruling on the bail application, the judge admitted each of the defendants to bail in the sum of N10 million with two sureties in like sum.
The judge also ordered that the sureties must reside within the court’s jurisdiction and with evidence of three years tax payment.
The judge also ordered the defendants to furnish the court with their NINs, BVNs, two passports photography. While adding that the defendants must not travel outside Lagos State of Nigeria with permission of the court.
The judge thereafter adjourned the matter to June 24, 2026, for trial. But ordered that all the defendants remanded in the facility of the ForceCID, Alagbon-Ikoyi, Lagos, pending the perfection of the bail terms.
Charges Against The Bankers Read: “that you, Imuraina Rebecca Ikeoluwa ‘F’; Olabanji Adekunle Peter ‘M’; WW Nwokoma Silverline Ngozi ‘M’ and Ayeni Samson Olubunmi ‘M’ together with others now at large, between January 2025 and December 2025, at Richway Microfinance Bank, Plot 27, Admiralty Way, Lekki Phase 1, Lagos, within the jurisdiction of the Federal High Court, did conspire amongst yourselves to defraud account holders of Sanusi Hostel 1 (Account No. 11000233002) and Sanusi Hostel 2 (Account No. 12000233003), and thereby committed an offence contrary to Section 8(a) of the Advance Fee Fraud and other Fraud Related Offences Act No. 14 of 2006 and punishable under Section 1(3) of the same Act.
“That you, Imuraina Rebecca Ikeoluwa ‘F’; Olabanji Adekunle Peter ‘M’; Nwokoma Silverline Ngozi ‘M’ and Ayeni Samson Olubunmi ‘M’, together with others now at large, between January 2025 and December 2025, at Richway Microfinance Bank, Plot 27, Admiralty Way, Lekki Phase 1, Lagos, within the jurisdiction of the Federal: High Court, transferred the total sum of N182, 302,151.75 (One Hundred and Eighty-Two Million, Three Hundred and Two Thousand, One Hundred and Fifty-One Naira, Seventy two Kobo) derived from the fraudulent activity into various accounts belonging to different persons, and thereby committed an offence contrary to Section 7(1)(b)(i) of the Advance Fee Fraud and other Fraud Related Offences Act No. 14 of 2006.
“That you, Imuraina Rebecca Ikeoluwa ‘F’; Olabanji Adekunle Peter ‘M’; Nwokoma Silverline Ngozi ‘M’ and Ayeni Samson Olubunmi ‘M’; together with others now at large, between January 2025 and December 2025, at Richway Microfinance Bank, Plot 27, Admiralty Way, Lekki Phase 1, Lagos, within the jurisdiction of the Federal High Court, fraudulently moved the total sum of 182,302,151.75 (One Hundred and Eighty-Two Million, Three Hundred and Two Thousand, One Hundred and Fifty-One Naira, Seventy-Iwo Kobo} from the accounts of Sanusi Hostel 1 (Account No. 11000233002) and Sanusi Hostel 2 (Account No. 12000233003) without authorization, and thereby committed an offence contrary to and punishable under Section 390(7) of the Criminal Code Act, Cap C38, Laws of the Federation of Nigeria 2004.
“That you, Imuraina Rebecca Ikeoluwa (‘F’), Olabanji Adekunle Peter (‘M)), Nwokoma Silverline Ngozi (‘(M’), and Ayeni Samson Olubunmi (‘M’), together with others now at large, between January 2025 and December 2025, at Richway Microfinance Bank, Plot 2/7, Admiralty Way, Lekki Phase 1, agos, within the jurisdiction of the Federal High Court, fraudulently impersonated the email addresses of Sanusi Hostel 1 and Sanusi Hostel 2 by creating a fake email address  sunnatbello@ghotmail.com, similar to the legitimate address  sunatbello@hotmail.com, and thereby committed an offence contrary to Section 13(b) (ii) and (iii) of the Cybercrimes (Prohibition and Prevention) Act, 2015.
