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BRIBE: WEMA Bank’s Manager On Trial



A manager with WEMA Bank Plc, Mr. Ojo Oladipupo, is on trial before an Ogba Chief Magistrate’s Court, for allegedly bribing a police officer, to pervert justice in an ongoing investigation over N1.7bn alleged money laundering.

The banker was charged before Magistrate O. A. Layinka.

He however pleaded not guilty to the charges and was admitted to bail in the sum of N200, 000 with two sureties in like sum.

The Police alleged that the bank manager came to Area G Command and offered the officer, ASP Jonathan Egwumi, the money so as to scuttle investigations over alleged shady deals involving WEMA Bank and the Director of Shibahwell Energy Limited, Adewole Isaac, to the tune of over N1.7bn suspected to be proceeds of illegal activities.

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It was alleged that when Mr. Oladipupo, who might have thought that he would have his way, offered the money, he was immediately arrested and detained at the Command for his conduct and later charged before the Court.

After the defendant’s plea of “not guilty to the charges, Supol Lucky Ihiehie, the prosecutor, asked the Court for a trial date, to enable the Police prove that the defendant actually committed the alleged offence.

Mrs Layinka, the Presiding Magistrate, adjourned the case till April 11, after granting bail to the defendant who offered bribe to the Police officer.

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