Ecobank staff remanded in prison over N2.4m fraud

Keep up with the latest news and be part of our weekly giveaways and airtime sharing; follow our WhatsApp channel for more updates. Click to Follow us

Solomon Ufayo, an Ecobank employee, has been placed on detention by the Federal High Court in Lagos due to allegations of cybercrime involving N2,404,000.

The Economic and Financial Crimes Commission (EFCC) charged Ufayo, a relief teller, with one count of cybercrime-related offenses.

The accusation claims that Ufayo moved N2,404,000 into his personal Opay account without Ogunfodunrin Omowunmi Ajoke’s authorization after posing as a bank customer and posting fictitious deposit and withdrawal tellers on her Ecobank account number 2801086259.

The charge reads: “That you, Solomon Stephen Ufayo, between the 10th to the 28th day of March, 2025, in Lagos, within the jurisdiction of this Honourable Court, while working for Ecobank Nigeria Limited as a Relief Teller, fraudulently represented yourself as Ogunfodunrin Omowunmi Ajoke, by posting false deposit and withdrawal tellers on her Ecobank account number 2801086259, with intent to gain advantage for yourself and thereby committed an offence contrary to Section 22(2)(b)(i) of the Cybercrime (Prohibition and Prevention etc)Act, 2015 and punishable by Section 22(2)(b) of the same Act.”

Ufayo entered a guilty plea to the accusation.

While prosecution attorney Abdulhamid Tukur presented the case, EFCC operative David Ngale Gajere went over the case facts.

In addition to providing an extrajudicial statement, Ufayo gave the petitioner a bank draft for N2,404,000 as payment.

The court postponed rendering a decision until June 6, 2025, after admitting the prosecution’s documents as evidence.

Ufayo was placed under remand at Ikoyi Correctional Center pending judgment by Justice Yellim Bogoro.

Please don’t forget to “Allow the notification” so you will be the first to get our gist when we publish it. 
Drop your comment in the section below, and don’t forget to share the post.