The Economic and Financial Crimes Commission (EFCC) has arraigned the Managing Director, Wema Bank Ademola Adebise over NI billion money laundering.
Sadly, this is coming after series of reports on alleged fraud undertaken by the bank staffs to the detriment of their customers and other stakeholders of the country’s financial sector at intervals.
Investigation revealed that, barely a year of being made the current Wema Bank Managing Director, Ademola Adebise has been alleged to have connived with some top management staffs to laundered over a whopping sum of N1billion (One Billion Naira) into the account of an innocent and unsuspecting customer of the bank.
According to a report, the money laundering was paid into a customer account without an alert. As a result, The EFCC,immediately on smelling rat in this issue, summoned the bank MD, Kunle Ogunba (SAN) and other conspirators, to their Ikoyi office where the account owner vehemently denied any knowledge of the transaction, and lamented the state of decay in the Nigerian banking sector.
This prompted the anti-graft agency to detain both Ademola Adebise the MD of Wema Bank Plc and other top management staff.
However, Business Remarks effort to reach Wema Bank Head of Brand and marketing communications, Mrs Funmilola Falola on this proved abortive as the party fails to answer to calls or reply text messages on what measures the bank are taking to protect their innocent customers from falling victims of illegal fiscal activities.
As at the time of filing this report, the Head of Public Affairs, EFCC, Mr Tony Orilade did not respond.
Citypulsenews reported that the detain of both Ademola Adebise the MD of Wema Bank Plc and other top management staff, suspecting that they played a very huge role in the illegal financial transaction in a ploy to oust the owners of the 4 star Hospitality and Entertainment facility, with a bid to acquiring it for themselves through one of the conspirators.
“This money laundering scam was part of the conspiracy scheme to dispossess the owners of a prestigious and popular hospitality and entertainment facility located in Maryland which is currently under the receivership of Kunle Ogunba (SAN) and subject of litigation.
“Issues are beginning to emerge rapidly on how top bankers launder money in customers account without their consent.
“Transferring large sum of money into unsuspecting customer account is part of the moves taken by these avaricious and highly covetous bankers who hide under the guise of corporate stakeholders to commit stringent financial crimes”.
It has to be noted that very soon, the MD of WEMA Bank and other co-conspirators, would be made to face the court of law, prosecuted and if found guilty, will definitely end up in jail.