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Banker Sentenced to 98 Years Imprisonment For Stealing Over N200,000,000

Banker Sentenced to 98 Years Imprisonment For Stealing Over N200,000,000

A former staff of First Bank of Nigeria Limited, Oreoluwa Adesakin, was on Monday, September 28, 2020, handed a cumulative 98 years in prison by Justice Muniru Olagunju of the Oyo State High Court for fraud.

Adesakin, female, was found to have committed financial fraud against her employers to the tune of N49,320,652.32 (Forty-nine Million, Three Hundred and Twenty Thousand, Six Hundred and Fifty-two Naira, Thirty-two Kobo), and additional $368,203.00 (Three Hundred and Sixty-eight Thousand, Two Hundred and Three United States Dollars) belonging to the bank which she converted to her personal use.

The convict was prosecuted by the Ibadan Zonal Office of the Economic and Financial Crimes Commission, (EFCC), on 14-count charges, bordering on stealing, forgery and fraudulent accounting.

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