Metro News

Covenant University drags ex-staff to court for stealing N186m

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EFCC, Lagos Zonal office, on Monday, June 24, 2019, arraigned one Owolo Onorouioghene Dan, a mobile application developer, before Justice Saliu Saidu of the Federal High Court sitting in Ikoyi, Lagos. .
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He was arraigned on a three-count charge bordering on stealing and money laundering to the tune of N186, 552, 909.

The complainant, Covenant University, Otta, Ogun State, owned by Bishop Oyedepo alleged that the defendant, who was a seconded staff of the Vice Chancellor of the University, was engaged on October 12, 2016 to create an e-payment platform, which he tagged  Sanwo Payment Platform.
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However, the defendant, who was also operating and managing the platform, allegedly diverted from the payment platform, a sum of N186, 552,909 to various bank accounts domiciled in Zenith Bank Plc and Ecobank Plc between December 2017 and February 2019.
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One of the counts reads: “That you, Owolo Onorouioghene Dan, between 10th of July, 2018 and 18th of February, 2019, retained the aggregate sum of N122m in your Zenith Bank account number 2213999627, which sum forms part of your unlawful act to wit: stealing.”
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The defendant pleaded not guilty to the charge when it was read to him. The defendant was subsequently ordered to be remanded in prison custody pending his bail hearing.

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Tireni Adebayo

Tireni Adebayo is the Editor of Kemi Filani News. She has BSC in Mass Communication from the Redeemer's University and M.A in Mass Communication from the University of Lagos (2014 - 2015) where she majored in Public Relations and Advertising and Digital Media.  When she is not writing, she is either listening to music or reading her favorite books. Tel: +2348061000090 Address: Herbert Macaulay, Yaba, Lagos, Nigeria Email: [email protected]

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