Suleiman Ibrahim Musa, Bilyaminu Usman and Lawal Suleiman, former members of staff of Fin Bank Plc have been sentenced to 91 years in prison by a high court in Kebbi state for conspiracy, forgery, theft and criminal breach of trust, Premium Times reports

The Economic and Financial Crimes Commission (EFCC) brought a 16-count charge on the trio for defrauding the bank which was acquired by First City Monument Bank.

It was reported that between 2008 and 2010, Mr. Musa, who was then the head of operations, defrauded the bank of N101, 707,000 while Usman and Suleiman, both tellers, collaborated to defraud the bank of N6, 627,500 and N6, 267,500 respectively.

The banks had received different complaints from customers alleging unauthorized deduction from their accounts prompting a petition to the EFCC. The trio were arrested after it was uncovered that they had performed illegal withdrawals on customers account for up to three years.

After five years of trial, the bankers were found guilty by Justice Ibrahim Mairiga, based on the evidence provided by the prosecuting counsel, Aisha Habib.

“By considering the amount involved and weight of evidence presented before the court by the prosecution, which was never challenged by the defence, it shows that their wrongful act caused a great injury to the bank.

“I therefore find the accused persons guilty as charged, and so convict and sentence them to 55 years, seven years and 29 years imprisonment respectively without an option of fine, with the jail term to serve concurrently” the judge ruled.

The convicts were also ordered to return the stolen money to the bank. See more on http://www.exlinklodge.com/2015/08/3-bankers-sentenced-to-91-years-in.html







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