Abuja - One of six bank officials who connived to steal
money from an account belonging to a deceased bank customer has been sentenced to
a total 39 years in prison.
Olawale Garuba was sentenced after appearing at the Lagos
State High Court for playing part in the fraud amounting to N30 million.
The fraud was uncovered by the bank when they discovered
that some of their staff, including the convict had connived with proxies steal
from a dormant account of one of the bank’s customers.
Upon the discovery of the fraud in July 2015, the bank
apprehended the staff and handed them over to EFCC for investigation and
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Upon their arraignment, they pleaded not guilty to eighteen
counts of fraud.
Subsequently, Justice Oluwatoyin Ipaye refused their bail
application and remanded them in prison custody.
However, last week, the convict changed his plea from ‘not
guilty’ to ‘guilty.’
She found the convict guilty on thirteen of the eighteen
counts, and sentenced him to three years imprisonment on each count. The
sentences are to run concurrently from the date of his first detention, July
– CAJ NewsFor
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- CAJ News