Ex-banker gets 18 – year term for fraud
A former Relationship Manager with a bank in Enugu, has been
handed an 18 year jail sentence after being arraigned before a Federal High
Court in Enugu by the Economic and Financial Crimes Commission (EFCC) on a
six-amended-count charge bordering on forgery, altering and giving a loan with
defective collateral.
EFCC Acting Head of
Media and Publicity, Tony Orilade said the convict identified as Onyekachi
Nwosu was found guilty on all the six-count charge and sentenced accordingly.
He revealed that Nwosu altered several account documents of his friend who he
illegally granted loan to enhance his Visa application to United Kingdom.
Justice D.V. Agishi
who ruled on the case, said the prosecution team proved its case beyond doubt.
Orilade said;
“On counts one and two, he was sentenced to
five; while he is to serve two years each on counts three, four, five and six.
The cumulative 18 years prison terms will, however, run concurrently.
“Investigation by
EFCC revealed several professional misconducts by Nwosu who took undue
advantage of his position as a Senior Bank Supervisor and account officer to
forge a document titled LETTER of SET-OFF which he used to illegally grant a
loan of N34,900,000 to a customer and his company from several fixed deposits
of other customers without their knowledge nor consent.”
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