Access Bank risk and compliance Director pleads Guilty to 2million pounds fraud
Naija hottestgist can tell you that Access Bank Risk and Compliance Director Micheal Corrigan has pleaded guilty of masterminding fraud to the tune of of 2million pounds. We gathered that the 48 years old Micheal pleaded guilty to this charge amongst others and admitted committing fraud between January and September 2010.
The Banker will be sentenced on September 7th. Sources tell us that he provided false bank guarantees in dollars,pounds and euros.
It will be recalled that we reported previously that the Bank MD and DMD recently went on a buying spree of some of the choice properties of Intercontinental bank when it was acquired. Naija hottestgist further learnt that AIG and Herbert were buying branches for 10M each, and AIG also purchased for personal use another choice property of Intercontinental in Ikoyi for 150M.
Trust us to keep you posted.