A prosecution witness, Ajayi Michael Folaseye, testified on Monday at the Federal High Court in Ikoyi, Lagos, that he rejected a $7,000 bribe offered by a colleague seeking unauthorized access to Premium Trust Bank’s internal systems. The testimony was part of the ongoing trial of two bank employees, Kehinde Odeyemi and Matthew Adeniyi Damilola, along with three others, who face charges of conspiracy to steal.
Ajayi recounted how one of the defendants approached him with the bribe offer in exchange for access to the bank’s infrastructure, which he promptly refused and reported to authorities. The Economic and Financial Crimes Commission (EFCC) is prosecuting the case as part of its efforts to combat financial crimes in the banking sector.
The defendants were arraigned following investigations into an alleged insider scheme to exploit system vulnerabilities for fraudulent purposes. The trial has been adjourned as the EFCC prepares to call more witnesses.
