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Wednesday, 19 February 2014

EFCC press release: Court Jails ex- Banker 115years for N8.9m scam

115 years for N8.9m fraud? Choi. Well, thankfully it will run concurrently. See the EFCC press release below...
A Lagos High court sitting in Igbosere, presided over by Justice Adebisi Akinlade on Monday February 17, 2014 sentenced Jamiu Seun Odunayo (pictured above), a former banker, to One Hundred and Fifteen Years (115) imprisonment with no option of fine over an offense which borders on fraud, stealing, and obtaining money by false pretense.
The convict was arraigned by the Economic and Financial Crimes Commission, EFCC on 39-count amended charge for fraudulently obtaining money by false pretences, stealing and suppression of funds to the tune of Eight Million Eight Hundred and Twenty Nine Thousand, Six Hundred and Fifty Naira, (N8, 829,650) belonging to a customer and diverted it for personal use.

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