NBA Ikeja Members Petition AB Mahmoud, SAN Alleging Fraudulent Conversion Of Branch Fund And Gross Abuse Of Office Against Chair, Adeshina Ogunlana

A.B. Mahmoud SAN, against Mr. Adeshina Ogunlana, the current/outgoing chairman of the branch, Mr. Yinka Farounbi, the immediate past chairman of the branch, between 2014 and 2016, and Derin Kappo (Mrs), the immediate past treasurer during the Yinka Farounbi era.

The letter which was dated the 23^rd day of May, 2018 under the designation of Mr. Richard Nwankwo, Dan C. Okoye Esq, Mr. Gabriel Opayinka, and Mr. Olubunmi Martin Odeniyi is challenging the integrity of the present and some members of the  past executive stated above over an alleged fraudulent conversion of funds belonging to the branch, as well as an allegation of gross abuse of office. Writing on the first part of the petition which bothers on the illegal operation of the NBA Ikeja Branch Account Domiciled at Wema Bank, Oba Akran Avenue Branch, Ikeja, the petitioners having cited some relevant sub-articles of Article  13 of the NBA Uniform Bye Laws, registered their extreme displeasure that despite several appeals by the secretary, Muna Esegine, ESq., treasurer, Thelma Coco-Bassey, Esq., and several well-meaning members of the branch, the current chairman of the branch, Mr. Ogunlana in collusion with Mr. Farounbi and former treasurer, have refused to effect a change of signatories to the said account, and have fraudulently and without any legal or moral justification, depleted the accounts of the branch. They also alleged that they have it on good authority that the practice has been for the former chairman and former treasurer, to transfer funds without authorization to the personal account of Mr. Adeshina Ogunlana at First Bank Plc, who now disburses same at will, without recourse to both the Executive Committee, the General Meeting and the succinct provisions of the bye-law. The petitioners also complained about the said executives’ conspiracy and refusal despite several entreaties and protestations, to release the tellers, cheque booklets and other bank-related documents to the treasurer. Information gathered by TheNigerialawyers from the said petition also reveals that there is an allegation against Mrs. Derin Kappo, the former treasurer over fraudulent withdrawal of cash from the Branch’s account, despite not been a current member of the executive. The petitioners are also accusing Mr. Ogunlana and his supposed fellows for hijacking the properties of the branch and using same as personal properties against the relevant laws, adding reasonably that they suspect that Mr. Ogunlana has sold the branch’s vehicles without lawful authorization from the branch. The petitioners are also complaining about the monthly deductions of money from the branch’s account in the guise of providing refreshments at the general meeting. According to them, the withdrawals were done without lawful authorization and as such against the law. The petitioners are therefore urging the NBA president to use his good office and investigate these fraudulent activities against the branch and ensure that anyone found culpable shall be prosecuted, and in addition, be made to refund all monies criminally withdrawn from the account of the branch. TheNigerialawyer on receiving the email, containing the petition, contacted the Chairman of Ikeja Branch, Mr Ogunlana on Thursday the 31st day of May, 2018 over the mail received on the alleged fraud and abuse of office. The Chair in reply however declined responding to the allegations on the bases that the sender of the mail did not disclose his name or any other form of identification. Below is the copy of the Petition  [pdf-embedder url="https://thenigerialawyer.com/wp-content/uploads/2018/06/NBA-IKEJA.pdf" title="NBA IKEJA"]]]>