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Home Courts Two Bag Five Years Imprisonment For N18 Million Fraud

Two Bag Five Years Imprisonment For N18 Million Fraud

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The Economic and Financial Crimes Commission, EFCC, on Thursday, October 5, 2017, secured the conviction of the duo of Useni Akpan and Ukpai Onyike before Justice Ibrahim Buba of the Federal High Court sitting in Ikoyi, Lagos.

The convicts, who defrauded some customers of a bank to the tune of over N18, 000,000 (Eighteen Million Naira) over a period of two years, had been arrested at a Union Bank Plc branch in Ibadan, Oyo State, while in the process of obtaining an Automated Teller Machine (ATM) card of another unsuspecting customer of the bank.

They were arraigned on October 7, 2016, on a five-count charge bordering on impersonation, conspiracy and obtaining ATM cards of Union Bank Plc customer.

However, the accused had both pleaded not guilty to all the counts preferred against them by the Commission, thereby setting the stage for their trial.

In the course of the trial, the prosecution counsel, Ekele Ihenacho, presented six witnesses and tendered relevant documents, which were all admitted in evidence.

Delivering his judgment today, Justice Buba said the prosecution had proved its case beyond any reasonable doubt.

Justice Buba, therefore, convicted and sentenced the first accused to five years imprisonment with an option of fine of N4million (Four Million Naira).

The second accused person was sentenced to two years imprisonment with an option of fine of N2.5 million (Two Million Five Hundred Thousand).

The sentences are to run concurrently.

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