Justice Elias Abua of the Cross River State High Court sitting in Calabar, Cross River State, has convicted and sentenced 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 deceased 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 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.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced a significant reduction in the…
Governor of Abia State, Dr. Alex Otti has approved the appointment of Mr. Benson Ojeikere…
The Minister of Information and National Orientation, Mohammed Idris, has warned politicians against linking stampedes…
Ohafia, Abia State, was plunged into mourning on Sunday following a tragic accident involving a…
An Islamic scholar and political activist, Dr. Usman Bugaje, has highlighted the inability of the…
The presidential candidate of the Social Democratic Party (SDP) in the 2023 general elections, Prince…