A 36-year-old man, Adeyemi Tosin, who is a banker/marketer with a first-generation bank, has been arrested by Oyo State Police Command for allegedly siphoning N10 million from the account of 78-year-old Oladele Adida Quadri.

The bank account of the septuagenarian, domiciled at the Challenge, Ibadan branch of the bank was reportedly drained of cash between August 12 and 13, according to the command’s Police Public Relations Officer, DSP Adewale Osifeso, in a statement on Tuesday.

The PPRO said the police efforts yielded fruits as a result of an intelligence-led operation ordered by the state Commissioner of Police, Ngozi Onadeko.

He disclosed that preliminary findings showed that the victim’s dilemma began on July 12 after his Automated Teller Machine (ATM) card got trapped at the bank after a failed transaction at the Challenge, Ibadan branch.
Pa Quadri was said to have approached the suspect for assistance at the banking hall, which made him seek the account details of the victim.

Our correspondent learnt that the suspect thereafter opened a virtual account with another bank where the victim’s money was lodged, with the intention of gradual withdrawal at a later period.

“While comprehensive investigations are still in progress to crackdown on the criminal network and other accomplices, the Commissioner of Police, Oyo State Command, CP Ngozi Onadeko, enjoin the good people of the state to partner with the police by sharing credible and timely information valuable in curbing criminality and birthing a peaceful Oyo State,” Osifeso said.

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