The Economic and Financial Crimes Commission (EFCC), on Wednesday, closed its case against Oluwole Olutimehin, who is standing trial for allegedly stealing ₦13.29 million from Sterling Bank Plc.
The PUNCH reports that Olutimehin is standing trial before Justice Rahman Oshodi of the Lagos State Special Offences Court in Ikeja.
The defendant is facing a count of fraudulent conversion of ₦13,29,000, preferred against him by the EFCC.
Olutimehin was first arraigned on September 20, 2022, before Justice Oluwatoyin Taiwo. However, the case was reassigned to Justice Oshodi following Justice Taiwo’s retirement.
The EFCC alleged that Olutimehin, on or about September 15, 2021, in Lagos, fraudulently converted the sum of ₦13,290,000.00, property of Sterling Bank Plc, to his use.
The commission said the offences committed contravened Section 280 of the Criminal Law of Lagos State, 2015, which is punishable under Section 287 of the same law.
At the resumed hearing of the case on Wednesday, the EFCC called its second prosecution witness, an internal auditor at Sterling Bank, Olaniyi Olaleye.
