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

Anambra govt voids monarch’s election in Oba community

The Anambra State Government has declared that Oba community in Idemili Local Government Area of…

7 hours ago

Tinubu’s media chat aired on Monday

The first presidential media chat with President Bola Tinubu will be broadcast at 9 p.m.…

7 hours ago

‘Great loss’: Otuaro mourns pioneer PAP boss, Godwin Abbe

The Administrator of the Presidential Amnesty Programme (PAP), Dr Dennis Otuaro, has expressed sorrow over…

10 hours ago

8 dead, 3 injured in Abia accident

No fewer than eight persons have been confirmed dead in a road crash that occurred…

11 hours ago

Uba Sani preaches peace at Kaduna Christmas Carol

Kaduna State Governor Uba Sani has urged the residents of the state to checkmate the…

13 hours ago

FG declares public holidays for Christmas, New Year celebrations

The Federal Government has declared Wednesday and Thursday, December 26, 2024, and January 1, 2025,…

14 hours ago

This website uses cookies.