The Economic and Financial Crimes Commission on Wednesday November 7, 2012 arraigned one Ovie Israel, a contract staff with a new generation bank, before an Enugu State High Court presided over by Justice Catherine Nwobodo on a four count charge of stealing.

The accused who works at the Rangers Avenue, Enugu branch of the bank, allegedly diverted cash deposit amounting to N1,190,000.00 ( one million, one hundred and ninety thousand naira). Instead of posting the money into the relevant accounts, he advanced them to a friend by name Uche as loan.
Israel however pleaded not guilty to the charge.
Defence counsel, David C. Ekwealor prayed the court to grant the accused person bail on the grounds that the he suffers from epilepsy.
Justice Nwobodo granted the accused bail in the sum of five hundred thousand naira (N500,000.00) and a surety in like sum. The surety must be not less than a Grade Level 10 officer in any ministry within the Enugu metropolis.
The case has been adjourned to December 20, 2012 for further hearing.

Wilson Uwujaren
Ag. Head, Media & Publicity
9th November, 2012