A former Bank of Bermuda manager has admitted stealing almost $1.2 million from the bank's clients.

Prosecutors say Elizabeth Olive Simons, 54, took the money from Premier Banking clients while she was a Premier Relationship Manager between 1999 and 2006.

Simons, of Camp Hill, Southampton, pleaded guilty to five charges during an appearance at Supreme Court, totalling $1,171,695.25.

Her admissions relate to stealing $741,695.25 from Norma Cross on four occasions - three involving withdrawing cash using Financial Transaction forms and one by electronically transferring funds into the accounts of third parties. The fifth charge is that she stole $430,000 from the account of Henry Smith.

She had originally pleaded not guilty in December, 2007 to 11 counts of stealing and four forgery offences. In the light of her guilty pleas, prosecutors agreed for the remaining charges to lie on file.

Simons' bail was extended until the March arraignment session at Supreme Court, when a date for her sentencing will be fixed.