In Oyo, Ex-Banker Jailed Six Years, To Restitute N11m To Former Employer - Mega Icon Magazine
Connect with us

Crime & Court

In Oyo, Ex-Banker Jailed Six Years, To Restitute N11m To Former Employer

Published

on

A former employee of the Ayete Microfinance Bank Limited in Oyo State, Mr Sunday Fadayomi, was on Friday, sentenced to six years in prison without an option of fine for stealing a total of sum of N11,000,000 (Eleven Million Naira) from the bank’s vault while working there.

 

The presiding Justice Mohammed Owolabi of the Oyo State High Court pronounced Fadayomi guilty in all the 30 counts of a criminal charge filed against him by the Economic and Financial Crimes Commission, EFCC, Ibadan zonal office.
The convict is an information system expert in charge of the bank’s information technology section, the position he held for about 10 years before his criminal exploits were blown open.

The bank, in a petition dated April 17, 2018. had accused him of sundry criminal activities including posting money to customers’ accounts without tellers, posting cash deposit at weekend when the bank was not opened for operation, accessing loans without intention to pay and using proxy accounts to commit fraud, among others.

After firming up its series of investigations into the allegations, the EFCC arraigned him on the 30-count charge on May 17, 2018.
Fadayomi, however, pleaded not-guilty to all the charges which border on stealing and contrary to Section 390 (6)(9) Criminal Code of Cap 38, Vol. 2 Laws of Oyo State, 2000.

ALSO READ  2019 election: Why Buhari should go home and rest – Senator El-Jibrin Dogowa

His plea led to a full trial which came to a halt on Friday. The EFCC was represented in the case by Ifeanyi Agwu and Oyelakin Oyediran.
After considering arguments by the prosecution and defence lawyers, Justice Owolabi held that the EFCC lawyers convinced the court that that accused indeed committed the offence with which he was charged.

He found him guilty in all the 30 charges and sentenced him to six years imprisonment without an option of fine. He also ordered that the convict restitutes a sum of N11,000,000 to the bank.

Comments

Crime & Court

Court Orders DSS To Release Sowore, Bakare Within 24 Hours

Published

on

By

A Federal High Court in Abuja has ordered the DSS to release Omoyele Sowore and Bakare within the next 24 hours. 

More details shortly

ALSO READ  Saraki Breaks Silence, Says EFCC’s Action Is Abuse Of Court Process
Continue Reading

Crime & Court

PHOTOS : EFCC Storms Yahoo-Boys Den, Arrest Kingpin, 26 Others

Published

on

Operatives of the Economic and Financial Crimes Commission, EFCC, Ibadan zonal office, has busted a Lagos hotel believed to be a hideout for internet fraudsters.

The target, as reliably gathered was one Rasaq Balogun, a suspected internet fraud kingpin, whose illicit activities dominated intelligence gathered from the recently arrested ‘police spies’ during a raid on their Abeokuta base.

 

 

The EFCC added that Balogun harbours an army of young men recruited to carry out financial frauds through the use of the internet.
Some other were also arrested at his Beckley Estate residence, also in Lagos State.
The raid on his hotel, Modzak Hotel, at Abule-Egba, Lagos State, sufficiently gave credence to the suspicion as a retinue of young men were caught haboured in his hotel with no specific mission.

The suspected kingpin and 26 other young men ranging between the ages of 18 and 35 years were arrested at the scene. Some other were also arrested at his Beckley Estate residence, also in Lagos State. They were all brought to the Commission’s Ibadan zonal office for further interrogation.

Officer of the anti-graft agency also recovered three vehicles, fetish item, laptops, mobile phones and documents suspected to contain fraudulent data from the suspect.

The indicted will be charged to court as soon as investigations are concluded.

ALSO READ  2019 election: Why Buhari should go home and rest – Senator El-Jibrin Dogowa

Continue Reading

Crime & Court

Court Sentences Three Internet Fraudsters To Prison

Published

on

By

The Economic and Financial Crimes Commission, EFCC, Ibadan zonal office, on Tuesdayy secured the conviction of Adetunji Abayomi Ademola (a.k.a Clara Mantione Musellman), Blessing Daniel Aladetutu and Adebowale Fadairo.

 

Ademola stood before Justice K. Babs of the Federal High Court 1, Ado-Ekiti Judicial Division, while the duo of Aladetutu and Fadairo were convicted by Justice Ayo Emmanuel of the Federal High Court sitting in Osogbo, Osun State.

They had earlier approached the Commission for a plea bargain agreement which informed the amended charge of impersonation of which they were found guilty on Tuesday.


Based on the agreement, Justice Babs convicted and sentenced Ademola to four months in prison.

He equally ordered him to restitute a total sum of $413 (Four Hundred and Thirteen United States Dollars) to his victim through the EFCC, and forfeit his Samsung laptop, Infinix smart phone and one MTN modem to the Federal Government of Nigeria.

While Aladetutu bagged three months jail term, Fadairo was sentenced to nine months in prison.

Justice Emmanuel also ordered Aladetutu to restitute to his victim through the EFCC the sum of $400 (Four Hundred United States of America Dollars), and forfeit his iphone 7 Phone to the Federal Government of Nigeria.

ALSO READ  N65m recovered by EFCC from INEC office in Zamfara

Fadairo was ordered to restitute the sum of $500 (Five Hundred Dollars) to his victim and also forfeit his Tecno Phone to the Federal Government.

Continue Reading
Advertisement

Tweets by ‎@megaiconmagg

Subscribe to our Newsletter

* indicates required

MegaIcon Magazine Facebook Page

MEGAICON TV

Trending

%d bloggers like this: