Two Bankers Bag 2 Years Jail Term for Fraud

Click banner for more info

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.

Slain banker’s husband, a responsible prisoner – Journalist

Click banner for more info

A 37-year-old journalist, Efe Omordia,  on Tuesday testified as defence witness in the ongoing trial of Akolade Arowolo who allegedly killed his banker wife, Titilayo.

Omordia, who claimed to have worked with Leadership andNational Mirror newspapers as an investigative journalist, said Akolade is a “responsible” man, adding that he is role model to many inmates.

The journalist, who said she rose to the position of Chief Correspondent before she left National Mirror newspapers, told the court that she met Akolade sometimes in March 2012 at the Ikoyi Prison, Lagos.