Conspiracy to Steal: How I rejected $7,000 bribe for access to Compromise Bank Internal System – Witness tells court

June 30, 2025

A prosecution witness, Ajayi Michael Folaseye, has told a Federal High Court sitting in Ikoyi, Lagos how he rejected a $7,000 bribe allegedly offered by a colleague seeking unauthorized access to Premium Trust Bank’s internal systems.

Ajayi, the first prosecution witness (PW1), testified in the ongoing trial of Kehinde Odeyemi and Matthew Adeniyi Damilola, both employees of Premium Trust Bank before Justice Alexander Owoeye of the Federal High Court, Ikoyi, Lagos on Monday, 30th June, 2025

The defendants are being tried alongside three others, Samson Latshin Dakup, Bolaji Omotosho Yinka, and Sunday Badeniyi Okunola on a seven-count charge bordering on conspiracy to steal brought against them by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC.