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Former bank employees jailed 43 years

06 June 2014, 08:38

Abuja - Two former employees of Intercontinental Bank (now Access Bank) have been sentenced to 43 years imprisonment for offences bordering on obtaining by false pretence and forgery.

Bright Evobai and Okechukwu Okolo were sentenced when they appeared before Justice Dije Abdu Aboki of the Kano State High Court.

They were arraigned by the Economic and Financial Crimes Commission (EFCC) on an eight count charge. According to the Commission, the convicts conspired and defrauded the bank to the tune of N9,7 million.

They allegedly used stolen letterhead paper belonging to Aminu Kano Teaching Hospital Kano and forged the signatures of four designated signatories including one of their superiors at the bank, to siphon fund from the hospital’s fixed deposit account.

The commission added that in an attempt to cover their track, they distributed the proceeds of their crime into five different accounts within the branch.

Justice Aboki, in his ruling, found them guilty as charged and sentenced both to seven years imprisonment on six counts with no option of fine and the convicts are to serve six months imprisonment each, on count seven and eight with an option of N50 000 and N20 000 fines respectively.

The sentences are to run concurrently.

The convicts were also ordered to pay N9.7million in restitution to the bank.

– CAJ News

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