Thursday, August 6
Ex-bankers jailed 91 years over N114.6m fraud
The Kebbi State High Court has jailed three former bank staff for 91 years over N114.6million fraud.
The convicts, who were jailed by Justice Ibrahim Mairiga, include Suleiman Ibrahim Musa, Bilyaminu Usman and Lawal Suleiman.
They were convicted on 16-count charge bordering on conspiracy, forgery, theft and criminal breach of trust brought against them by the Economics and Financial Crimes Commission (EFCC) and subsequently sentenced to 91 years in prison.
The convicts, who were former staff of FinBank Plc (acquired by First City Monument Bank Plc in 2011), Birnin-Kebbi branch in Kebbi State, were first arraigned on July 21, 2010, and had pleaded not guilty to the charges.
A statement by the Head of Media and Publicity of the EFCC, Mr. Wilson Uwujaren, said: “Musa, who was then the head of operations, defrauded the bank of N101, 707,000, Usman and Suleiman, both tellers connived to defraud the bank of N6, 627,500 and N6, 267,500 respectively.
“The crimes were committed between 2008 and 2010. They had at different times debited the bank’s customers by carrying out unauthorized withdrawals.
“They were arrested by EFCC operatives following a petition by the bank’s management, after several customers lodged complaints alleging fraudulent deductions from their bank accounts. They had backed up their claims with various documentary evidence – stamped deposits and investment certificates.
“After five years of trial, Justice Mairiga, having been convinced by the evidence brought before him by the prosecuting counsel, Aisha Habib, found the ex-bankers guilty of the charges.”
The trial judge said: “By considering the amount involved and weight of evidence presented before the court by the prosecution, which was never challenged by the defence, it shows that their wrongful act caused a great injury to the bank.
“I therefore, find the accused persons guilty as charged, and so convict and sentence them to 55 years, seven years and 29 years imprisonment respectively without an option of fine, with the jail term to serve concurrently.”
The judge also ordered the convicts to return the stolen money to the bank.
Popular Tags:
Nigerian And World News
,
Nigerian News Online
Subscribe to:
Post Comments
(
Atom
)
Trending News
-
A ‘suya’ meat seller in Enugu State was weekend nabbed while reportedly stealing meat from a butcher’s shed at the popular Ogbete main mar...
-
Father Chibuike Okpala Fears has been spread in the streets of kubwa village in Abuja, as a priest was found half dead in the early morn...
-
The school children were caught dancing provocatively while twerking Many people have reacted angrily after school chidren were caught o...
-
On Wednesday , dozens of people took over the streets of Venezuelan capital in Caracas calling for the government of President Nicholas ...
-
A very gigantic snake that was suspected to have eaten a calf, has been killed by some locals. The locals were amazed to find out that t...
-
24 year-old Anastasia Deeva appointed as Deputy Minister on European integration of Internal Affairs of Ukraine A newly appointed 24-...
-
This woman who was reportedly intoxicated with drugs and alcohol, have been captured on camera in the streets of New York, twerking n*ked ...
-
Blac Chyna posted her bathroom selfie flaunting her figure on her instagram page and just an hour later, her baby daddy's ne...
-
Did you know that if you’re using tobacco, you may develop this kind of cancer? This cancer may also trigger when your family has a histor...
-
West African countries' leaders are in Niamey, Niger Republic, for talks on the proposed single currency for the Economic Community of...
No comments :
Post a Comment