Showing posts with label f Fraud. Show all posts
Showing posts with label f Fraud. Show all posts

Monday, February 25, 2013

Two Bankers Bag 2 Years Jail Term for Fraud



Justice Dije Abdu Aboki on February 21, 2013 convicted and sentenced Funsho Olayele and Ayoade Peter Abiola to two years imprisonment with option of N410, 000 (Four Hundred and Ten Thousand Naira) fine each. The first accused was ordered to pay a compensation of N700, 000, while the second accused had already restituted the victim in the course of investigation.

The convicts, both former staff of Intercontinental Bank Plc (now Access Bank Plc) were arraigned by the Economic and Financial Crimes Commission on six count charge of conspiracy and misappropriation of funds.

ST

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