Two officers with the Ogba, Lagos branch of Sterling Bank Plc, James Oke, 28 and Moyosore Shofowora, 27 have been arrested and arraigned before a Lagos Magistrate Court for allegedly withdrawing the sum of N25,466,330 from the internal control accounts of the bank without authorization and converted the money to their personal use.
The two bankers were arrested on the order of the Divisional Police Officer, DPO in charge of Lion Building Division, CSP Folashade Tanaruno following a complaint by the management of Sterling Bank through its Chief Security Officer, Mr. Okodugha Sunday Evaristus.