Banking

Two bankers jailed three years for N9.4m fraud

A Federal High Court sitting in Abuja, on Wednesday, January 11, convicted and sentenced to three years imprisonment two bankers – Agbo John Agama and Edoh Steve.

The bankers were convicted for conspiracy, aiding and abetting fraud to the tune of N9,400,000.

The convicts were prosecuted on one count charge by the Makurdi Zonal Command of the Economic and Financial Crimes Commission (EFCC).

The charge reads: “That you, Agbo John Agama “M” and you Edoh Oga Steve “M” while being employees of Makurdi Branch of a bank and others now at large, on or about the 8th day of January, 2021 at Makurdi, Benue State of Nigeria within the jurisdiction of this Honourable Court, used an unauthorized access device to wit: a primed ATM Card on Account No. 30041040648 being operated by one Mejuru Chibueze Gospel resulting a loss of N9,400,000 only to him, thereby committed an offence, contrary to Section 33(2)(b) of Cybercrime (Prohibition, Prevention, etc) Act, 2015 and punishable under the same section of the Act.”

The defendants pleaded guilty to the charge preferred against them.

In view of their plea, prosecuting counsel, Mary Onoja, asked the court to convict and sentence them accordingly.

Justice Mojisola Olajuwon convicted and sentenced them to three year imprisonment each. They were also ordered to pay a fine of N100,000 each to the Federal Government of Nigeria and restitute the victim in the sum of N2.1 million.

The Star