Police Arraigns Lagos Lawyer for Allegedly Diverting Employer’s N50 Million

Lagos state police has arraigned a Lawyer named Ifeyinwa Morah, before an Apapa Magsitrates’ Court for allegedly diverting N50 million owned by IT Bureau De Change Limited, the company where she once served as director.

According to Punch, Morah was in charge of business development at the company before she was fired in June 2015.

The report further states:

She was said to have withdrawn the money from the Fidelity Bank account used by the company on June 18 and deposited same to a Zenith Bank account given as 1000845723. It was learnt that the money had yet to be recovered from the suspect. The police said the 40-year-old lawyer upon her resignation, left with the company’s Certificate of Incorporation, Memorandum and Articles of Association, forms on particulars of directors, statement of share capital, operational licence, among others.

She was subsequently arrested and charged on two counts bordering on fraud to which she pleaded not guilty.

Hearing has been adjourned till January 2016.

Photo Credit: Punch