Court Orders For The Arrest Of 4 UBA Staff Over N33.9m Fraud 

A Federal High Court sitting in Yenagoa, has issued a warrant for the arrest of four (4) staff members of the United Bank of Africa (UBA) for alleged cybercrime, fraud and diversion of N33.69 million.

Justice A. O Awogboro on thursday gave this order following the failure of suspects to appear in court after they were served charge by substituted means. 

In the suit marked “FHC|YNG|10c|2019” UBA PLC, and four of it’s staff members,  Ndubuisi Ogu, John Iyibor, Iheaka  Onuoha and Okwusili  Ugochukwu are accused of having allegedly manipulated the account of the Federal High Court in Yenegoa thereby causing the reversal of the sum of  N33,699,450,00 already credited to the bank account of the Registrar Federal High Court.

UBA and the four suspects are facing trial on a four-count charge of conspiracy, stealing, fraud and cybercrime.

Justice Awogboro, held that the warrant of arrest was an order that gave the Inspector-General of Police the legal impetus to arrest and present the suspects in court on March 30.

Mr. N.A. Timothy-Hart, the Prosecuting Counsel, from the Department of Public Prosecution (DPP), Federal Ministry of Justice brough the motion for the warrant of arrest order on the suspects.
The court had ordered Nigerian Agip Oil Company to pay N33.69 million being compensation for an oil spill incident but the bankers to the oil firm UBA  allegedly reversed the payment shortly after compliance.

According to the charge, the suspects claimed to have relied on a non-existing Court of Appeal order to effect such reversal.