Security man breaks ATM and gone way with N12m in nigeria

A security man and employee of First Bank
Nigeria Plc, Jibowu Branch, Seyi Jaiyeola, is
standing trial at a magistrate's court in
Ebute Meta for allegedly breaking the
company's automated teller machine and
stealing a sum of N12, 533,900.

The bank's branch Service Manager, Mr.
Kayode Aiyewunmi, who gave evidence in
court, said Jaiyeola was on a N20, 000
monthly pay and was a member of the
Odua People's Congress.

He said the company had observed that
one of the bank's four ATMs was having a
reconciliation problem and had employed
the service of an expert to help unravel
mysterious disappearances of money.

Aiyewunmi said, "We discovered that there
was always a shortage of cash in the
machine.
"Despite our reconciliation efforts, the ATM
was still having problems and we engaged
the service of an expert who submitted his
report and said the machine did not have
any reconciliation issue.
"He said somebody was breaking into the
machine in the middle of the night to steal
the cash.

"I reported the matter to my boss, who
said I should conduct an investigation into
the matter. "When the last breakage
happened, we went to play back the
branch's CCTV, and we now saw Jaiyeola in
the middle of the night, opening the
window at the back of my office. There's a
control panel which controls the security
door, which he touched. So, the CCTV
stopped."
He said it was at that point the company
concluded he was the brain behind the
theft.

He said after the matter was reported at
the Onipanu Police station, and the accused
was arrested, he led them to his house,
where he allegedly confessed to the crime.

Aiyewunmi said, "When we got to his
house for a search, we recovered
N243,945 cash. The police then asked him
what else he did with the money. He said
he bought a car, which was parked at the
house there, a Toyota Corolla. Then we
recovered a new generator. He also took
the police to the building he was
constructing which was near completion."

He said after recovering the item, First
Bank transferred the matter to the State
Criminal Investigation Department, Yaba.

Jaiyeola was arraigned on a five counts of
fraud and stealing and was subsequently
granted bail in the sum of N1m with two
sureties in like sum.

The prosecution counsel, Mr. Ishola Samuel,
asked for an adjournment to help source
some legal citations.
The magistrate, Mrs. M.O Tanimola,
adjourned the matter till July 15.

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