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Bank and its Managing Director among five defendants charged with forgery and fraud

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Published (Updated) on Thursday, March 30, 2023

The Federal Government of Nigeria has filed charges against a top commercial bank, its managing director, two lawyers, and the Utako Branch Manager of the bank over allegations bordering on forgery, criminal conspiracy, and fraud.

According to reports, the defendants were accused of forging a tripartite legal mortgage without the consent of the proprietor of a school, with the intent to commit fraud.

They were also accused of dishonestly dispossessing the proprietor of his property using the forged tripartite legal mortgage.

The arraignment has been adjourned till May 8, 2023, as all the defendants have yet to be served with the charge.

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