Admin l Wednesday, May 08, 2019
ENUGU, Nigeria – Former manager of Sterling Bank, Oliver Anidiobi was on Tuesday arraigned before an Enugu High Court over N187 million fraud.
He was arraigned by the Economic and Financial Crimes Commission(EFCC) before Justice C.O. Ajah on 32 count charge of forgery and stealing from OHHA Microfinance Bank.
Anidiobi who was also Relationship Manager of OHHA Microfinance Bank, is facing a 32-count charge bordering on forgery and stealing from the microfinance bank.
According to the EFCC, Anidiobi used his position to convince the microfinance bank to deposit the said amount with him with an accompanying letter of instruction (which he acknowledged) to Sterling Bank and thereafter fixed the money on behalf of the microfinance bank, only for him to forge a ‘Fixed Deposit Certificate’ as evidence of their investment.
Upon receipt of several instalments of the money totalling N187 million, Anidiobi converted the money and used it to build a two-storey building of five flats, several plots of land along Enugu Port Harcourt Expressway and an uncompleted four bedroom bungalow at Centenary Estate, Enugu. He also made an investment of over N65 million.
His problem began when OHHA Microfinance Bank liquidated the two fixed deposits only to discover that there was no record of the transactions found in the system.
One of the counts against him reads: “Anidiobi Oliver Chukwuka, sometime between 15th day of August, 2014 and 28th day of August, 2014 in Enugu, within the Jurisdiction of this Honourable Court did commit a felony to wit: stealing by fraudulently converting to your personal use the aggregate sum of N5 million naira only, being property of OHHA Microfinance Bank Limited and thereby committed an offence.”
