Unmasked: FCMB Officials Accused of Stealing N40.5Million Depositors Money

Ekomaye and Adelowo.

Segun Atanda/

Here are the faces of two bankers accused by their employers of stealing N40.5million from two customers’ accounts and the bank’s vault.

Thirty-nine-year-old Walter Ekomaye and Ebenezer Adelowo, 31, were named and shamed by their employers – First City Monument Bank (FCMB) in a petition to the Economic and Financial Crimes Commission (EFCC).

After their arrest, the EFCC revealed today that Ekomaye and Adelowo made illegal withdrawal of N23million from customers’ accounts and stole N17.5million from Automated Teller Machine (ATM) deposits.

They were arrested by EFCC operatives in Ibadan office, where Ekomaye had also dabbled into politics.

One of Ekomaye’s campaign materials in a past election in Ibadan.

According to EFCC spokesman, Samin Amaddin, the suspected bank robbers were held for conspiracy, stealing, and illegal diversion of funds.

The petition says that sometimes in December 2017, Ekomaye and Adelowo were involved in an illegal withdrawal of funds from two customers’ unfunded accounts totaling N23million.

Amaddin says in a statement sent to NewsmakersNG: “It was further alleged that they also withdrew another N17.5million from the bank’s vault, money meant to fund the Automated Teller Machine (ATM) of the bank, making it a total theft of N40.5million.

“Investigation revealed that the suspects took advantage of their position as account officers to two of their bank customers to perpetrate their fraud.

“It was discovered that part of the money from the fraudulent acts by the suspects were diverted into different accounts for the buying and selling of foreign exchange.

“It was also alleged that Adelowo collected the sum of N35, 290, 200 from five customers of the bank under false pretence.”

Amaddin stated that the suspects would be charged to court as soon.