During a court hearing yesterday June 3rd at the Federal High court Ibadan on the CBN N8billion mutilated currency fraud, the EFCC told the court that one of the accused persons, Mr. Ayodeji Alase, had N134million in one of his bank accounts.

The lead prosecutor told the judge that Alase, a primary six certificate holder, started work at First Bank as a guard before he was promoted to the position of a cash assistant. Alase was also accused of having property worth hundreds of millions of naira.

According to Punch, the prosecutor also said the former bank guard has a duplex at Oluyole Estate in Ibadan, a shopping complex, a warehouse at Podo, a fenced plot at Dugbe, a block of four flats at Apeye, two plots of land and five-bedroom flat in other parts of the state capital.....
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