Femi Ashekun/
The Economic and Financial Crimes Commission (EFCC) today arraigned a former staff of Polaris Bank, Abiodun Maccarthy, before Justice Mojisola Dada of the Special Offences Court in Ikeja, Lagos, over allegations of forgery and theft amounting to N423 million.
Maccarthy was docked on a four-count charge bordering on stealing and forgery, allegedly committed in 2018 while he was still in the employment of Polaris Bank.
The offences contravene Sections 278 and 361(1) of the Criminal Law of Lagos State, 2011.
One of the charges alleged that Maccarthy dishonestly converted N423 million out of a total N650 million paid by Great Endurance Bureau De Change for a fixed deposit investment with Polaris Bank.
Another count accused him of forging a fixed deposit investment certificate bearing slip number 332540, which he allegedly issued to the bureau de change as evidence of the purported investment.
The defendant pleaded not guilty to all the charges.
Following his plea, the prosecuting counsel, B. M. Isah, requested a trial date and urged the court to remand Maccarthy in a correctional facility.
Justice Dada granted the request, remanding the defendant and adjourning the case until October 22, 2025, for the commencement of trial.
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