The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned a banker, Yagana Ibrahim Bukar before Justice Fatu Riman of the Federal High Court Kano on 10-count charge bordering on Money Laundering and theft.
The accused is said to have abused her position as account officer at Skye Bank Plc and stole N12, 626, 250 of depositors’ fund.
She allegedly perpetrated the scam by posting the sum into three Skye Bank accounts belonging to her family members- Hajja Fanna, her sister; Grema Ibrahim Bukar, her brother and her child, Ummu Kulthum.
In order to conceal the illicit origin of the money, the accused allegedly used part of the money to open a provision store in the Kawo area of Kano Metropolis.
She was alleged to have converted the sum N1.16m derived directly from participation in theft by depositing the said amount into the Skye Bank account of Hajja Fanna with the aim of concealing the illicit origin of the resources.
The accused who pleaded not guilty to the charges would face the legal fireworks on Monday, October 28, 2013 for continuation of hearing.