Alleged N50m Fraud: Court Revokes Access Bank Ex-MD, Sydney Nmeka’s Bail


LAGOS JANUARY 20TH (NEWSRANGERS)-One Sydney Mmeka, a former Regional Manager of Access Bank Plc, who is being prosecuted by the Lagos Zonal Command of the Economic and Financial Crimes Commission, is planning on fleeing the country amid an alleged N50 million fraud charged against him.

This was disclosed during the sitting of the Special Offences Court sitting in Ikeja, Lagos presided by Justice Mojisola Dada.

During the proceedings, the prosecuting counsel, Ayanfe Ogunsina, informed the court that one of the sureties of the defendant had informed the EFCC that the surety wanted to withdraw from the case.

Ayanfe also told the court that the surety further alerted the EFCC that the defendant had sold his assets as part of plans to flee the country.

“The defendant had initially denied the claim by the surety that he had at no time made an attempt to escape jurisdiction, and that it was only his wife that was traveling.

“But we later found out that he had been issued a visa to the United Kingdom, which confirms the deposition of the surety,”Ayanfe said.


Justice Dada therefore discharged the surety, who was in court, and also revoked the bail earlier granted to the defendant.

The Whistler



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