Skip to main content

Former bank staff bags 98yrs for stealing bank’s N49m and $368,000

Woman bags 98yrs for stealing bank?s N49m and $368,000 (photo)

 

A former staff of First Bank of Nigeria Limited, Oreoluwa Adesakin, has been sentenced to 98 years in prison by Justice Muniru Olagunju of Oyo High Court for fraud.

 

A statement released by the Economic and Financial Crimes Commission EFCC, said Adesakin was found to have committed financial fraud against her employers to the tune of N49,320,652.32 and an additional $368,203.00 belonging to the bank, which she converted to personal use.

 

She was prosecuted by the Ibadan Zonal Office of the Economic and Financial Crimes Commission (EFCC) on 14-count charges bordering on stealing, forgery, and fraudulent accounting.

 

One of the charges read

“That you Oreoluwa Adesakin sometime between the months of May 2013 and November 2013, at Ibadan within the Ibadan Judicial Division, whilst being a staff of First Bank PLC stole the sum of N25,974,116.13 from First Bank PLC MoneyGram Payment Naira Account, the property of First bank PLC.”

 

She pleaded not guilty to all the charges, which necessitated her trial.

 

EFCC counsel, Usman Murtala, presented every vital document and witnesses which nailed the convict. The judge noted the EFCC amassed a pool of incontrovertible evidence against the convict and did a diligent investigation and prosecution.

 

He pronounced Adesakin guilty of all the charges, sentencing her to seven years in prison without an option of fine on each of the 14 counts, which will run concurrently.

 

Apart from the jail term, the convict is also to restitute the First Bank, through the EFCC, all the money she stole.

 

According to EFCC Head of Media and Publicity, Wilson Uwujaren, Adesakin was arraigned April 4, 2014, by the EFCC following a conclusion of investigations against her which arose from a petition from her former employer, dated December 18, 2013.

 

The bank alleged in the petition that Adesakin, as its Money Transfer Operator, who was saddled with the responsibility of effecting payments through Western Union Money Transfer and Money Gram platforms, fraudulently manipulated accounting and withdrew N49,320,652.32 and another $368,203.00 for herself, which the bank only uncovered while reviewing its internal account.

 

The EFCC was also able to establish that Adesakin used part of the proceeds of her crime to acquire landed properties in different parts of Oyo State.

Comments

Post a Comment

Popular posts from this blog

Two teenagers arrested for raping 14-year-old girl in Ogun State

                            Two teenagers, Abiodun Ishola (19) and Kehinde Oloyede (18), have been arrested by the Ogun State Police Command for allegedly gang-raping a 14-year-old girl in Obantoko. The Command Public Relations Officer, Abimbola Oyeyemi, said the suspects were arrested April 28, 2018 following a complaint from the victim who reported to the police. He said the victim, a hairdressing apprentice, said she was going to her boss’ shop on that day, and unknown to her, there was restriction of movement due to a sanitation exercise. He said one of the suspects, Ishola, who was sitting down in front of his father’s house informed her of the restriction of movement and asked her to come and stay in their house till the exercise ended. The victim told the police that while she was staying with Ishola, he took her bag inside...
Post a Comment
Read more

police arrest Pastor for allegedly raping teenage girls during a deliverance session in Anambra state

  Pastor Chukwudi Chukwumezie of the Mountain Zion deliverance Ministry, Ugamuma village, Obosi, has been arrested by men of the Anambra state police command for allegedly luring and having unlawful carnal knowledge with two fifteen years old girls under the false pretence of conducting deliverance prayers for them   A statement released by Haruna Mohammed, spokesperson of the state police command, said in August 2019, the accused clergyman was arrested for allegedly luring and having unlawful carnal knowledge with a fifteen-year-old girl at a hotel along Eze iweka road Obosi under false pretence of making a deliverance prayers for her.     Haruna said the victim to the hospital for medical Examination where penetration and laceration of her hymen were confirmed by the medical doctor after which suspect was charged to Court for prosecution.     According to the statement, the clergyman who presently jumped court ...
Post a Comment
Read more

Photos: Disturbing images show two of R Kelly's 'brainwashed' victims who have refused to leave his house disguising themselves on salon outing

Following a series of disturbing allegations of pedophilia, rape, and abuse facing R&B singer, R. Kelly , Daily Mail have released disturbing images of two of his 'brainwashed' victims being monitored by a female minder and disguising their identities with baseball caps, scarves, and sunglasses during a salon outing A source confirmed the ladies are  Joycelyn Savage  and  Azriel Clary,  have reportedly hired lawyers to prevent their parents from extricating them from the RnB star's house. The photos were captured on a public street in Chicago last summer before they entered a hair salon. A source, who is an associate of R Kelly, told DailyMail.com that the young women spent two hours inside and that their behavior was 'weird'. The source told DailyMail.com: 'The girls had a ''look-out'' with them, an older woman who was keeping an eye on their behavior and what they were talking about. She was dressed differently, came and we...
Post a Comment
Read more