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Home » EFCC Arraigns Premium Trust Bank Staff, Three Others for ‘Yahoo’ Offence in Lagos
Crime

EFCC Arraigns Premium Trust Bank Staff, Three Others for ‘Yahoo’ Offence in Lagos

Olamide ObayemiBy Olamide ObayemiMay 21, 2025Updated:May 21, 2025No Comments52 Views
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The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, Awolowo on Tuesday, May 20, 2025, arraigned the duo of Kehinde Odeyemi and Matthew Adeniyi Damilola, who are both employees of Premium Trust Bank, before Justice Alexander Owoeye of the Federal High Court sitting in Ikoyi, Lagos.

They were arraigned alongside Samson Latshin Dakup, Bolaji Omotosho Yinka and Sunday Badeniyi Okunola on a seven-count charge bordering on conspiracy to steal.

The defendants allegedly conspired to manipulate the server and domain credentials of the bank in a bid to gain unauthorised access to its database and steal depositors’ funds. 

The planned fraudulent activity was, however, averted by the Commission. 

One of the counts reads: “That you, Kehinde Odeyemi, Samson Latshin Dakup, Bolaji Omotosho Yinka, Sunday Badeniyi Okunola, and Matthew Adeniyi Damilola, along with individuals identified as Humble (at large), Wasiu (at large), Isa Ismaila (at large) and another referred to as Victor Joshua Ilemona aka Oracle, (at large), conspired unlawfully between April and May 2025 in Lagos, within the jurisdiction of this Honourable Court, to manipulate the access code (this included the bank’s server IP and domain credentials) of Premium Trust Bank Limited in a bid to gain unauthorised access to the entire database of Premium Trust Bank Limited for the purpose of committing an offense to wit: stealing  from the bank’s funds, and you thereby committed an offence contrary to Section 27 and 28 (1) (b) of the Cybercrimes (Prohibition, Prevention, Etc) Act, 2015 (as amended, 2024), which is punishable under Section 28 (2) of the same Act.”

They pleaded not guilty to the charges when they were read to them.

In view of their pleas,  prosecution counsel, Zeenat B. Atiku, prayed for a trial date and the defendants’ remand in a Correctional Centre.

Counsel to the first defendant, Adeleke Adepoju, urged the court to admit his client to bail in the most liberal terms.  He stated that he didn’t have enough time to make a formal application.

Other counsel also sought to make oral applications for their clients. 

Justice Owoeye, however, refused the applications and ordered the counsel to make formal bail applications before the court. 

The judge ordered the first defendant to be remanded at the Kirikiri Correctional Centre.

The second, third, fourth and fifth defendants were ordered remanded at the  Ikoyi Correctional Centre.

The matter was adjourned till June 30, 2025 for commencement of trial.

EFCC Premium Trust Bank
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Olamide Obayemi

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