Court jails former bank manager 121 years

0
23


N112m fraud: Court jails former bank manager 121 years

Justice S. N. Odili of the Anambra State High Court sitting in Onitsha, Anambra State, has convicted and sentenced a former bank manager in Onitsha, Anambra State, Nwachukwu Placidus, to a cumulative 121 years imprisonment for diverting fixed deposit funds of a customer to the tune of N112.1 million for his personal use.

 

A statement released by EFCC today May 4 says he was arraigned on Tuesday, March 27, 2018, on 16-count charges bordering on forgery, stealing, obtaining by false pretence and uttering, by the anti-graft agency.

 

One of the counts reads

 

“Nwachukwu Placidus between February 2009 and November 2014 in Onitsha, Anambra State within the jurisdiction of the Anambra State High Court of Nigeria with intent to defraud obtained the sum of (N112,100,000) One Hundred and Twelve Million, One Hundred Thousand Naira only, from Idemili Microfinance Bank under the false pretence that you have placed the said money in a fixed deposit account with First City Monument Bank PLC…



Source: Linda Ikeji