If you measure the ripple effects of fraud, the jail term needs to be very long. Advanced countries understand ripple effect, that's why jail terms for scammers are always 15-30years.

gaius01:
Arrrrrrrh

I don't know how this judges do give their verdict on certain issues. 3 years? Ah ! It's too small, please give him 2OYears.

If I have that amount I know my generation to come will never be poor in life unless they spend recklessly without investing.

Such kind of amount need a lot of years in jail!

Very greedy and emotionless kind of people!

ibidapko:
My lawyer friend said; "Give me 1 billion and I will gladly go to jail for 5 years. A payment of 50,000 monthly to the Prison authorities will guarantee a reasonable living standard in prison. Another 100,000 to repair the cell accommodation and toilet fittings, and a daily feeding allowance 10,000 will make the 5 years term look like a business venture.

wrong! u must restitute the money back

SilverNorGold:
Nice... Looters are fast becoming an endangered species in Nigeria.. All thanks to the President!

However, the judiciary is not helping matters at all... Why three years' imprisonment? Na Royco him steal? No wahala sha, we go soon reason their matter...

May God bless and heal Nigeria.

The fulanis can steal and go. No court case at all. Except for those in PDP. Selective justice.

Good. But why is it so hard to nail politicians?

Wait a bit, are they refunding the 10.something billion stoling or how? someone should explain ooo

Hezmatosky:

You have a very low mentality

Agreed, since your mental, logical and intelligent quotient are high, why not explain to me the reason you said so?

When you point out a correction without giving a remedy, your pointing is nothing but worthless because you don't want to teach or enlighten someone, but you point them out because you want to show how little you mind is to improve others.

Just hand him to to the boys for jungle justice to be served.

Kingosytex:
N 10billion = 3years.

I think the risk is worth taking
A rich man that stole billions is given a three year sentence (which can be appealed and as such the sentence might be reduced or better still overturned ) while a poor man that steals peanut is destined for doom. This boils down to an inverse proportion... The more you steal, the lesser sentence you get.

I don't support stealing, I detest it with every blood in my veins but if you must steal, do it big...na security go de even guard you.

Naija na sweet country i swear, we have a very long way to go.

3 years is day and night that's 1and half year,don't seems any bad at all

I worked in the same bank for 9 years 7 months. I never stole thier money and I served them perfectly. This MD was there all along. He would deny us our upfront and other benefits. He even contracted our employment at one time to an outsourcing company he owns and get a return from it every month. Our salary was slashed yet we kept working without complain. Before you know they squander all the banks resources and the financial position of the bank became a mess and later Fcmb had to acquire the bank. We were all sent home with nothing no severance pay at all. Only 3 months salary. I was very sad back then because I used to be in charge of up to 6 to 8 million naira in my possession, that if I decided to steal it nobody will know until about after 12 hours but I never did. Only to end up with 3 months salary at the end of the day. Today am seeing the same Okey doing 3 year jail term over billions. This is one of the most laughable thing I have ever seen in my life.

I worked in the same bank for 9 years 7 months. I never stole thier money and I served them perfectly. This MD was there all along. He would deny us our upfront and other benefits. He even contracted our employment at one time to an outsourcing company he owns and get a return from it every month. Our salary was slashed yet we kept working without complain. Before you know they squander all the banks resources and the financial position of the bank became a mess and later Fcmb had to acquire the bank. We were all sent home with nothing no severance pay at all. Only 3 months salary. I was very sad back then because I used to be in charge of up to 6 to 8 million naira in my possession, that if I decided to steal it nobody will know until about after 12 hours but I never did. Only to end up with 3 months salary at the end of the day. Today am seeing the same Okey doing 3 year jail term over billions.

This people will be stealing money anyhow...but if you ask them for a loan they will say you are not qualify. Uselessness in Nigeria banks

Just 3 years imprisonment and the court could not order his bank accounts to be frozen and the assets he acquired through the stolen money to be seized by the government? So after 3 years he is free to go and enjoy his stolen billions!

What a useless judgement!

Only three years?

10B jst 3 years, this country is a joke. why not give him 75years with hard labour and sell all his belongings

this NICE guy going to PRISON?

Golan007:
Watch how an appeal court would find fault in the ruling.

Fault full the jugdement

Just 3 years ? Throw the book at me it is full of money

The judge should be prosecuted for this kind of useless non punitive sentence ..10b plus was fraudulently stollen and this kind of light sentence passed! Those who stole ordinary goats they do slam them with 10 years sentence ..where are we going in Nigeria?

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SilverNorGold:
Nice... Looters are fast becoming an endangered species in Nigeria.. All thanks to the President!

However, the judiciary is not helping matters at all... Why three years' imprisonment? Na Royco him steal? No wahala sha, we go soon reason their matter...

May God bless and heal Nigeria.

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