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).

READ ALSO: Man kills wife over bread in Anambra

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

Editor

Recent Posts

Students injured in OAU classroom collapse

A yet-to-be-ascertained number of students have been injured in the collapse of the ceiling of…

2 hours ago

Emirates Airlines returns to Nigeria, begins Dubai flights Oct 1

Emirates Airlines has announced October 1, 2024, as the date to resume flight operations to…

3 hours ago

Trailer crushes 18 travellers to death at police checkpoint

No fewer than 18 travellers have been feared dead in an accident on the Umuahia-Enugu…

3 hours ago

Pathologist: Cause of Mohbad’s death unknown over failed autopsy

A pathologist, Prof. Shokunle Shoyemi, has disclosed that the cause of the death of popular…

8 hours ago

Reps probe presidential air fleet, summon NSA

The House of Representatives has resolved to investigate the failure of the presidential air fleet…

8 hours ago

Sanwo-Olu, Zulum, others seek transparent tax system to boost revenue

Lagos State Governor Babajide Sanwo-Olu and his counterparts from Sokoto and Borno States, Babagana Zulum…

8 hours ago

This website uses cookies.