The Lagos State Police Command has arrested four suspected bankers for alleged removing the sum of N277,848,000 belonging to a customer from bank account.
The suspects were identified as Shuaib Oluwatobiloba Olaleye, 27, Oladunjoye Adegoke, 33, Austin Alfred 38 and Jude Uzobuaku, 36.
The money is said to belong to some international airlines domicile with the bank and it was stolen by Shuaib Oluwatobiloba Olaleye.
Police spokesman, Benjamin Hundeyin, said: “This is a case of conspiracy, obtaining and conversion, stealing of the sum of N277,848,000 reported a complainant. “The petitioner who was a staff with a bank alleged in her petition that the suspect fraudulently stole 138,924 pounds equal to N277,848,000 from the bank, transferred same into her domiciliary account which he later collected all the money and now the bank is after all his associates including herself, hence this petition.
“Upon the receipt of the petition, the complainant was invited and she narrated how the incident happened. The suspect who has been evading arrest for a long was arrested on the 12th of March, 2025 at about 1:pm, in part of Ogun State and the above-named exhibit which he claimed as proceeds of the crime was recovered from him.
“The suspect confessed to the crime and made further claims that he and two other suspects who are staff of the bank connived and carried out the crime.
“One Oladunjoye Adegoke, 33, was arrested on the 13th of March 2025, at about 1:pm, in Victoria island area, Lagos and one Toyota Camry (Pencil Light) recovered as the proceed of the stolen money from the bank. The suspect is under custody and an investigation is still ongoing to arrest other fleeing members.
“We later arrested two additional suspects in connection with the crime, Austin Alfred and Jude Uzobuaku. They are both staff of the bank.
“They helped the main suspect in facilitating the transfer of the stolen funds from domiciliary accounts of some foreign airlines to some foreign accounts provided by the main suspect. The suspects have made useful statements and are undergoing interrogation.”
