A 29-year-old banker, Dolapo Fakayi, was on Friday arraigned before a Life Camp Chief Magistrates’ Court in Abuja for allegedly swindling a customer of $800 meant for opening a dollar account.
Fakayi, who resides at Bright School, Loko Mararaba in Nasarawa State, is facing charges of criminal conspiracy and cheating.
The defendant, however, pleaded not guilty to the charges brought against him by the police.
The prosecutor, Mrs. Charity Nwachukwu, told the court that the case was reported on February 8, 2026, by Mrs. Cynthia Anyanwu, a customer service manager at UBA’s Gwarinpa branch in Abuja, at the Gwarinpa Police Station.
According to the prosecution, the defendant works with the bank in the direct sales department.
Nwachukwu informed the court that Fakayi allegedly received $800 from a customer, Sdidu Amina, for the purpose of opening a dollar account with the bank.
However, instead of processing the account opening, the defendant allegedly dishonestly converted the money for personal use.
The prosecutor further told the court that during police investigation and interrogation, the defendant reportedly made a confessional statement.
She added that the alleged offences contravene Sections 312 and 322 of the Penal Code.
The presiding magistrate, Musa Jobbo, granted the defendant bail in the sum of N500,000 with one surety in like sum.
The court ordered that the surety must reside within the court’s jurisdiction and provide reliable means of identification.
The matter was adjourned to March 11, 2026, for hearing.
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