• About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, July 23, 2025
  • Login
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
Advertisement
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
No Result
View All Result
Home Business

Two Nigerian bankers who stole N2.9m from dead customer’s account fined N150,000

Our Reporters by Our Reporters
April 30, 2022
in Business
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Justice Elias Abua of the Cross River State High Court sitting in Calabar, Cross River State, has convicted and fined two former bankers: Titus Chima Nwankwo and Utibe-Abasi Ifiok George  for stealing the sum of N2,900,000 (Two Million, Nine Hundred Thousand Naira only) from the account of a dead customer of a commercial bank.

Nwankwo and George  were jailed  on Tuesday, April 26, 2022 after pleading guilty to  one-count separate charges  bordering on forgery, conspiracy, breach of trust and stealing, upon their arraignment by the Uyo Zonal Command of the Economic and Financial Crimes Commission, EFCC.

In view of their pleas, prosecution counsel, Joshua Abolarin prayed the court to convict and sentence the defendants accordingly.Justice Abua convicted and sentenced George to three months imprisonment with an option of fine of N100, 000.00 (One Hundred Thousand Naira only) while  Nwankwo bagged three months imprisonment with an option of fine of N50,000.00 ( Fifty Thousand Naira only).

The judge’s pronouncement meant that the two bankers were fined a total of N150,000 for stealing N2.0 million from a dead customer.

The convicts’ journey to the Correctional Centre started on June 16, 2021 when a petitioner alleged that they conspired and forged the signature of one Godfried Francis Osso, a deceased customer of a bank and fraudulently diverted the said sum for their personal uses. They were investigated, arrested, prosecuted and convicted.

Previous Post

2023: No opposition against Tinubu – TSG

Next Post

Goodluck Jonathan is constitutionally qualified to run for president

Next Post

Goodluck Jonathan is constitutionally qualified to run for president

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://youtu.be/FHyJ1Wr0FAk?si=0WVYI_2OR4OrIrQ4
https://youtu.be/gbE3azm_Io0?si=GdE3Mqelo1ujTNla
34,289 Nigerians secured US citizenship from 2020-2022 – Report
World

“Don’t travel there”, US in fresh security alert blacklists Kano, Imo, Rivers, 15 Nigerian states

by Aminu Danladi
July 23, 2025
0

The United States government has issued stark warning to its citizens over travel to Nigeria, placing the country under its Level...

Read moreDetails
Why Wike’s mockery of Obi demands Abati’s voice

Why Wike’s mockery of Obi demands Abati’s voice

July 23, 2025
Police in major breakthrough on Benue killings, arrest bandit arms supplier

Police in major breakthrough on Benue killings, arrest bandit arms supplier

July 23, 2025
Troops neutralize over 100 bandits in Warari operation

Troops neutralize over 100 bandits in Warari operation

July 23, 2025
Police rebukes CJTF, says no Boko Haram terrorist arrested in Lagos

Police arrest 567 suspects, rescue 17 kidnap victims in Adamawa

July 23, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Homepage

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng