They are facing a 12-count charge bordering on stealing, forgery and conspiracy.
The men, Timothy Ibeh, 24; Samuel Dada, 27; Adeyinka Awojobi, 29; Obaseki Ojo, 26, and Simon Abu, 26, were docked at a Tinubu Magistrate Court, Lagos.
He said that the accused forged the signature of one Onche Ugbabe at different times and stole the sum of N6.5 million from his account.
“On different occasions, the accused persons withdrew the sum of N500,000, N550,000, N550,000, N350,000, N620,000, N520,000, N825,000, N620,000, N750,000 and N420,000 respectively,” Mr. Okoye, a police inspector said.
The prosecutor said that the offences contravened Sections 409, 361 and 285 of theCriminal Law of Lagos State 2011.
However, each of the accused pleaded not guilty to the charges preferred against them.
Mr. Awogboro granted each accused bail in the sum of N1 million, with two sureties in like sum, and adjourned the case till February 26 for mention.