|Efe Egube.. Photo: EFCC|
In a press release by the EFCC, Specifically, Egube, a former branch manager of the defunct Oceanic Bank, now Ecobank Plc, allegedly received a total sum of N90,000,000( Ninety Million Naira only) from one of the customers of his bank: Alhaji Sanusi Kamba, to supply petroleum products to his company. He neither supplied the products nor refunded the money to Kamba.
One of the charges read in part:
In view of the plea of the defendant, prosecution counsel, Ben Ubi asked for a trial date. Regarding the place of custody, Ubi said "we will consider taking custody of the defendant for one week and after the hearing of the bail application, we shall pray that he should be remanded in the proper place of custody".
The defence counsel, J. A. Obodoechi informed the court that she had filed an application for bail for the defendant and sued for the remand of the defendant in EFCC custody considering his health.
Justice Ipaye adjourned the case to November 12, 2014 for hearing and ordered that the defendant be remanded in EFCC custody