Court Jails Two Ex-Bank Officials Seven Years for N7.8m Fraud

A Kaduna State High Court has sentenced two former bank officials to seven years imprisonment each over separate fraud cases involving about N7.8 million.

The convictions were secured by the Kaduna Zonal Directorate of the Economic and Financial Crimes Commission (EFCC).

The convicts, identified as Obadofin Daniel Bamise and Hadiza Oyiza Yakubu, were prosecuted on separate one-count charges bordering on fraud.

Justice A.A. Bello of the Kaduna State High Court delivered the judgment in Kaduna, finding both defendants guilty after the EFCC presented evidence linking them to the fraudulent activities.

READ ALSO: PICTORIAL: EFCC Releases Mugshots Of Ex-Power Minister Mamman After Arrest

According to a statement by the anti-graft agency on Thursday, the offences involved the misappropriation of funds amounting to approximately N7.8 million while the convicts were serving as bank officials..

The EFCC described the judgment as part of ongoing efforts to combat financial crimes and ensure accountability within Nigeria’s banking sector.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.