POS Operator Arraigned Over Shocking N2.2m Fund Diversion in Lagos

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    A 25-year-old Point of Sale (POS) operator, Ganiyat Ajibawo, has been arraigned before a Lagos Magistrate’s Court for allegedly diverting N2.2 million belonging to her employer, Olayinka Kadiku, on Lagos Island.

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    According to police investigations, the incident took place on August 15, 2025, when Kadiku reportedly entrusted the cash to Ajibawo, the POS operator with instructions to deposit it into his bank account. However, instead of fulfilling the task, she allegedly transferred the money into her personal account and went into hiding.

    After noticing the missing funds, Kadiku lodged a complaint at the Lion Building Police Division. Following investigations and intelligence gathering, officers tracked Ajibawo to a hideout, where she was subsequently arrested.

    The defendant, Ganiyat Ajibawo, who resides on Odunlami Street, Lagos Island, was formally charged with stealing under Section 287 of the Lagos State Criminal Law, 2015. The case is registered as P/14/2025.

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    Police prosecutor Reuben Solomon informed the court that Ajibawo violated her employer’s trust by allegedly converting the funds to her own use.

    Upon arraignment, Ajibawo pleaded not guilty to the charge.

    Presiding over the matter, Magistrate Mrs. N. Oseni Wahab granted her bail in the sum of N200,000, with two sureties in the same amount.

    She was ordered to be remanded at the Kirikiri Correctional Centre until she meets the bail conditions. The case was adjourned to a later date for further hearing.

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