Court jails  2 Bankers for stealing N2.9m from dead customer

Two former bankers: Titus Chima Nwankwo and Utibe-Abasi Ifiok George have been convicted and sentenced to various jail terms  for stealing the sum of N2,900,000( Two Million, Nine Hundred Thousand Naira only)  from the account of a deceased customer of a commercial bank.

Justice Elias Abua of the Cross River State High Court sitting in Calabar, Cross River State   sentenced  Nwankwo and George on Tuesday, April 26, 2022 after they pleaded guilty to  one-count separate charges  bordering on forgery, conspiracy, breach of trust and stealing, 

They were convicted following their arraignment by the Uyo Zonal Command of the Economic and Financial Crimes Commission( EFCC).

Upon their pleas of guilt , prosecution counsel, Joshua Abolarin prayed the court to convict and sentence the defendants accordingly.

 Justice Abua convicted and sentenced George to three months imprisonment with an option of fine of N100, 000.00 (One Hundred Thousand Naira only) while  Nwankwo bagged three months imprisonment with an option of fine of N50,000.00 ( Fifty Thousand Naira only).

The convicts’ journey to the Correctional Centre started on June 16, 2021 when a petitioner alleged that they conspired and forged the signature of one Godfried Francis Osso, a deceased customer of a bank and fraudulently diverted the said sum for their personal uses.