N8BN Fraud: CBN staff own posh cars, petrol stations, palatial buildings, court told

The court trial of some Ibadan based bankers indicted over the theft of N8 billion worth of mutilated banknotes was yesterday told of the stupendous wealth of the suspects.

The suspects, including a self-acclaimed illiterate bank staff were alleged to have acquired petrol stations, shopping malls in Nigeria and abroad, exotic cars, supermarkets, among others.

Mr. Ayodeji Alase, one of the suspects and a holder of primary six certificate, was alleged to have acquired property including a duplex at Oluyole, a shopping complex, warehouse at Podo, Challenge and a fenced plot at Dugbe in Ibadan.

He was also alleged to own a four flat building at Apeye, two plots of land, five-bedroom flat in Apete, Ibadan, a supermarket at New Garage, Apata Expressway.

However, a mild drama took place in the court as Alase, delayed the proceedings of the court, claiming he did not understand English language after working for years at First Bank Plc as a cash officer.

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