Court revokes Access Bank ex-manager’s bail over alleged plan to flee

The Special Offences Court sitting in Ikeja, Lagos, on Thursday revoked the bail earlier granted to a former Regional Manager, Access Bank Plc, Sydney Mmeka.

Mmeka is being prosecuted by the Economic and Financial Crimes Commission, for an alleged N50m fraud.

Mmeka is standing trial before Justice Mojisola Dada on five counts bordering on conspiracy, forgery, stealing, using false documents and fraudulent false accounting.

The accused had pleaded “not guilty” to the charges.

He was accused of defrauding a hotelier, Babatunde Emmanuel, by fraudulently diverting the money in his account with the bank to some companies namely Saviour Fair Montessori School, Dan Logistics Nigeria Limited, J.O. Universal Nigeria Concept Limited, Helem Global Logistics Limited, Sizu International Limited and Sydgold Investment Limited.

In his earlier testimony, the victim had stated that he had no business whatsoever with the companies.

At the Thursday’s  proceedings, the prosecuting counsel, Ayanfe Ogunsina, informed the court that one of the sureties of the defendant had informed the EFCC that he wanted to withdraw.

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.

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

The case was adjourned till March 13, 2023 for continuation of trial.