Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,161,386 members, 7,846,632 topics. Date: Friday, 31 May 2024 at 07:57 PM

Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) (54312 Views)

Crude Oil Hits $72, Highest In Three Years Over Middle East Tensions / Bankers, Is This True? / How Foreign Bankers Lure Nigerian Elite To Early Graves (2) (3) (4)

(1) (2) (3) (4) (Reply) (Go Down)

Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by CSTR2: 7:10pm On Aug 06, 2015
Niseamaka:


Do u have any proof or evidence about the looting of Imo state treasury, or are u just making political noise.
Imo state, an oil producing state that can't pay over 11 months worth of salaries does not sound like looting and gross misappropriation to you.?
Something is definitely wrong you.
I would advise you to move to osun state. You would fit in very well.
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by sigiyaya(m): 7:12pm On Aug 06, 2015
Niseamaka:


Do u have any proof or evidence about the looting of Imo state treasury, or are u just making political noise.
IF you live in Imo or anywhere in the southeast you will know it is a fact, except you are a member of of his family probably an inlaw ma obu kwanu e so na ndi eriri eri grin grin grin
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by valarinz: 7:14pm On Aug 06, 2015
OK
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by Nobody: 7:17pm On Aug 06, 2015
And to think that many people who chanted "Sai Buhari" will go down in his administration
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by phyness(m): 7:21pm On Aug 06, 2015
Op say lyf imprisonment
Nt 91 yrs
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by 9jatatafo(m): 7:25pm On Aug 06, 2015
Meanwhile politicians still large and live large. What a country.
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by saasala(m): 7:27pm On Aug 06, 2015
Pebcak:
grin
[img]http://i./Oe4fW7CqzcPUk.gif[/img]

That photo grin
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by Missmossy(f): 7:33pm On Aug 06, 2015
Chai!!



91 years, Naija enh grin grin
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by delugajackson: 7:38pm On Aug 06, 2015
chrisxxx:

This exercise of identification of bad eggs is wasteful. Let us go to the root to identify the hens that are laying this bad eggs. Otherwise we would every now and then be busy with looking for bad eggs. Get the hens and the bad eggs will stop.
The system is bad.,bro. Nigeria needs serious restarting.
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by Onyiridike(f): 7:39pm On Aug 06, 2015
I thought ONLY Igbos like money in Nigeria.

1 Like

Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by fm7070: 7:45pm On Aug 06, 2015
The judgement does not necessarily mean that they will spent 91years in jail.
Assuming someone is found guilty of 10 charges brought against him
and each charges carries 6years jail term each, that is 66 years jail term
Since he is serving the terms concurrently,
that means he will serve less than 6 calendar years and they will be out
Learned colleagues in the house, pls educate us more

2 Likes

Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by hon4real(m): 7:51pm On Aug 06, 2015
what happens to our polithiefians that stole billions if naira... They re busy building hotels
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by spadar4u(m): 8:26pm On Aug 06, 2015
Igbo Kwenu group are sleeping or silent grin
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by kinglai(m): 8:31pm On Aug 06, 2015
Rubbish,.. Hw much dem thief self,u knw hw much Gbenga Daniel embezzle 4 ogun state.. Dis our judges r partial, olorun un gbo
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by goshen26: 8:49pm On Aug 06, 2015
Wat about the one that stole 37b?


Nothing has been done to him
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by Nobody: 8:59pm On Aug 06, 2015
Can our politicians be jailed jjust exactly like this?...if not why....
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by arabianights: 9:06pm On Aug 06, 2015
5 years in court ? whats the use of returning the money when they have been served a jail sentence.They should just use the money and provide for their families
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by UnimkeAk(m): 9:14pm On Aug 06, 2015
bushdoc9919:
Meanwhile.....certain members of the public who have stolen larger amounts are still at large.

Correction....living large.

And we cannot touch them because if we do so, we would be marginalising a certain section of the country.

You know....I don't get Nigerians. We complain about corruption all day long...and when someone does something about our complaints...we complain that they are not investigating others....only our tribesmen.

But I think that it would be great if they, for example, focused on the corrupt people in say my tribe. Because....that means that eventually all the corrupt people in my tribe would be in jail...and their replacements would be incorruptible.,.....which is good news for my tribe.

But this is Nigeria....where stealing is apparently OK.....even when it harms you.

You sounding like corruption In nigeria is only perpetrated by some regions.

You and I know that every Nigerian that ever held any post in this country stole some money; mismanaged ffunds etc.

If we really need 2 fight corruption 1999 should be the starting point
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by Otunbatrafford: 9:25pm On Aug 06, 2015
In Jonathan 's voice, how much did they steal that they are being sentenced to 9 1 years of penal servitude? Money that is not enough to buy Okada.
91yrs! Chai, make they kukuma talk say life imprisonment na.
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by watchindelta(m): 9:31pm On Aug 06, 2015
Why? But d moni no reach waiting our politicians dey loot na? At least dey 4allow d guy to bay em self with 500k just like our politicians na shocked
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by 400billionman: 9:36pm On Aug 06, 2015
Cow sense.

These northerners think they can steal bank money and go scot free..

Mumuness. ..
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by 400billionman: 9:38pm On Aug 06, 2015
watchindelta:
Why? But d moni no reach waiting our politicians dey loot na? At least dey 4allow d guy to bay em self with 500k just like our politicians na shocked

In the bank, you cannot steal N1,000 without being caught at least one month after the act..
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by watchindelta(m): 9:45pm On Aug 06, 2015
400billionman:


In the bank, you cannot steal N1,000 without being caught at least one month after the act..
u ur right bro,
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by upperman: 9:52pm On Aug 06, 2015
Are they all getting same jail term cos one of dem seemed to av stolen over 100m while d others got away with just over 6m each
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by Nobody: 10:02pm On Aug 06, 2015
Sai buhari
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by Nobody: 10:11pm On Aug 06, 2015
Him life don finish be that.
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by Nobody: 10:27pm On Aug 06, 2015
Each of the convicts will serve 55 years in prison, unless they successfully appeal the sentence.
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by Spybradd: 10:31pm On Aug 06, 2015
TXRunner:

number one: please dont modify my most and alter what i said, dats why we have the quote button
number two: niger delta republic ke? are u guys not part of se/biafra? grin lipsrsealed

pissure or video of me modifying ur post otherwise addoknow what you are saying..
grin grin grin
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by Nobody: 10:37pm On Aug 06, 2015
fm7070:
The judgement does not necessarily mean that they will spent 91years in jail.
Assuming someone is found guilty of 10 charges brought against him
and each charges carries 6years jail term each, that is 66 years jail term
Since he is serving the terms concurrently,
that means he will serve less than 6 calendar years and they will be out
Learned colleagues in the house, pls educate us more
You got it. However, it is entirely up to the judge's discretion to decide whether to issue a consecutive or concurrent sentence.
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by Magician1503(m): 10:42pm On Aug 06, 2015
Nice one! That's the way it should be

Let's do some calculations

Approximate 114.6m to 115m

Divide 115 by 91

We have approximately 1.26

That's 1.26 years for each stolen or fraudulently obtained N1m

Good one! Still reasonable.

Now let's say someone stole or illegally got N1b

That's approximately 1260 years to serve in jail...

Not too much I think.

This should be made a law grin

If anyone gets a jail term this long, it can be served concurrently with family members, anyone in the family can volunteer to serve part of the jail term depending on the age and medical status of the volunteer and can only be maximum of 20 years.

It should be made compulsory for the wives and heir grin
Travel danu! grin grin grin
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by simdam500(m): 11:04pm On Aug 06, 2015
shocked 9 and 1 = 91 Sounds like forever
Re: Ex-bankers Jailed 91 Years Over N114.6m Fraud (Photo) by Niseamaka(m): 11:36pm On Aug 06, 2015
CSTR2:
Imo state, an oil producing state that can't pay over 11 months worth of salaries does not sound like looting and gross misappropriation to you.?
Something is definitely wrong you.
I would advise you to move to osun state. You would fit in very well.

U avoided my question: do u have any evidence or proof about the looting of imo state treasury by Rochas?.

(1) (2) (3) (4) (Reply)

Ebonyi Int'l Mall, À Microcosm Of Dubai Mall Built By Umahi / Items You Feel Embarrassed About When Buying. Share / How Much Is Cooking Gas In Your Area?

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 29
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.