A Federal High Court in Kano yesterday remanded one Usman Salihu, a former branch manager of Oceanic Bank Plc, over alleged fraud.
The accused was arraigned before the court by the Economic and Financial Crimes Commissions (EFCC) over a four count charge.
The charges are; transfer of the sum of N30million to the account of Clear Base Integrated Limited and transfer of N12million to the account of one Abdul Yusuf. He was also alleged to have raised a bank-draft of N12 million in the fictitious name of Shehu Atta, and transferred another N11million to the account of Marshehu Nigeria Limited.
The accused pleaded not guilty to the charges. The prosecuting counsel led by Aisha Tahir, urged the court to fix a date for commencement of trial and remand the accused in prison custody pending hearing of his bail application.
The defence counsel on his part sought to make an oral application, but the prosecution counsel disagreed.
After listening to both counsel, Justice Fatu Riman remanded the accused person in prison custody and adjourned the case till 4th March, 2013.