₦airaland Forum

A former staff of First Bank of Nigeria Limited, Oreoluwa Adesakin, has been sentenced to 98 years in prison by Justice Muniru Olagunju of Oyo High Court for fraud.

 

A statement released by the Economic and Financial Crimes Commission EFCC, said Adesakin was found to have committed financial fraud against her employers to the tune of N49,320,652.32 and an additional $368,203.00 belonging to the bank, which she converted to personal use.

 

She was prosecuted by the Ibadan Zonal Office of the Economic and Financial Crimes Commission (EFCC) on 14-count charges bordering on stealing, forgery, and fraudulent accounting.

 

One of the charges read

“That you Oreoluwa Adesakin sometime between the months of May 2013 and November 2013, at Ibadan within the Ibadan Judicial Division, whilst being a staff of First Bank PLC stole the sum of N25,974,116.13 from First Bank PLC MoneyGram Payment Naira Account, the property of First bank PLC.”

 

She pleaded not guilty to all the charges, which necessitated her trial.

 

EFCC counsel, Usman Murtala, presented every vital document and witnesses which nailed the convict. The judge noted the EFCC amassed a pool of incontrovertible evidence against the convict and did a diligent investigation and prosecution.

 

He pronounced Adesakin guilty of all the charges, sentencing her to seven years in prison without an option of fine on each of the 14 counts, which will run concurrently.

 

Apart from the jail term, the convict is also to restitute the First Bank, through the EFCC, all the money she stole.

 

According to EFCC Head of Media and Publicity, Wilson Uwujaren, Adesakin was arraigned April 4, 2014, by the EFCC following a conclusion of investigations against her which arose from a petition from her former employer, dated December 18, 2013.

 

The bank alleged in the petition that Adesakin, as its Money Transfer Operator, who was saddled with the responsibility of effecting payments through Western Union Money Transfer and Money Gram platforms, fraudulently manipulated accounting and withdrew N49,320,652.32 and another $368,203.00 for herself, which the bank only uncovered while reviewing its internal account.

 

The EFCC was also able to establish that Adesakin used part of the proceeds of her crime to acquire landed properties in different parts of Oyo State.

Cc lalasticlala mynd44 seun

https://www.lindaikejisblog.com/2020/9/woman-bags-98yrs-for-stealing-banks-n49m-and-368000-photo.html

Money is the root of evil

They should have given her 600years na

If it's in Nigeria, it's not a death sentence. In fact, she's as free as you and I.

OUK, Tinubu, Ganduje, are still enjoying their freedom.




Friendly reminder.

Olude193:
Money is the root of evil

And you still use it to buy stuffs?


The Bible didn't say money is the root of evil. it rather said that the love of money...

Green algae eating ewedu Afonjazzy

chatinent:
And you still use it to buy stuffs?


The Bible didn't say money is the root of evil. it rather said that the love of money...

So, the hate of money is the root of all good

Handsome woman

98 years That's an indication that they didn't mean it

they should have just made it the normal 600years I keep seeing on twitter. whatever it mean?

98 years!!!

If she has a good lawyer, I think they should appeal it and also refund part of the money at least to placate the bank.

When you make money illegally and lose your freedom, you know you've done a foolish thing.

Something she would most likely appeal

Righteousness89:
Wow!

Pele, U don dey type ur epistle.

Afonja Face

I hope prison will reduce their number, we have too much of her type today.

She stole that much as at 2013 when money still had value and could not vanish abroad.nawa o

98 years on top that money? How many political looters have you awarded that lengthy imprisonment on top their siphoning in billions & trillions. You should have sentenced her to death na.

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lalasticlala

All these criminals share dumbness in common.