Female Banker Arrested For Stealing N588,000

The police on Thursday arraigned a 30-year-old female banker, Pamela Adakole, in a Karu Senior Magistrates' Court, Abuja, for stealing N588, 000 entrusted to her.


Adakole, an employee of M and M Muro Microfinance Bank, Girmoju St., Garki, is standing trial before Senior Magistrate Omolola Akindele.

The accused, however, pleaded not guilty to a four-count charge of criminal breach of trust and theft.

The prosecutor, Sgt. Bulus Samuel, had told the court that the case was reported at the Criminal Investigation Department (CID) at the FCT Police Command by one Jimoh Momoh, on Feb. 11.

Samuel alleged that the accused was handed a till box containing the money at a cash office at Wuse, to deliver at the bank's head office on Feb. 9.

He said: "When she returned that day, she told her boss that she handed the box to one Markus Nathan at the head office.

"The next day, which is Feb. 10, she left her branch office to the head office to retrieve the till box after the money was believed to have been appropriately delivered.

"But when she returned, she raised an alarm that she could not find the money, which was safely locked in the till box that was not tempered with.

"She is the only member of staff that has knowledge on how to open and lock the box; besides, nobody was aware that there was money in the box except the accused."

According to the prosecutor, the question now is, how come the money got missing while the box was not tampered with.

Samuel alleged that investigation indicated that the accused was responsible for the disappearance of the money.

He said that the offence contravened the Penal Code.

Magistrate Akindele granted the accused bail for N200, 000 with two sureties.