Fraud: Ex-banker jailed 98 years, to return N49m, $368,000

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A former employee of First Bank of Nigeria Limited, Oreoluwa Adesakin, has been handed a cumulative 98 years in prison on Monday.She was said to have converted the sums to her personal use.

The convict was prosecuted by the Ibadan zonal office of the Economic and Financial Crimes Commission and convicted on 14 counts bordering on stealing, forgery and fraudulent accounting.

The judge pronounced Adesakin guilty of all the charges and sentenced her to seven years in prison without an option of fine on each of the 14 counts. The jail terms are to run concurrently.The convict was arraigned on April 4, 2014, by the EFCC following the conclusion of investigation into a petition dated December 18, 2013, which was written by her former employer.

Meanwhile, Justice Simon Amobeda of the Federal High Court in Calabar, Cross River State, has sentenced 14 Internet fraudsters to various jail terms. Princewill and Moses were sentenced to 12 months’ imprisonment each with an option of N700,000 fine, while Christian, Michael and Innocent were sentenced to 12 months imprisonment each with an option of N1m fine. Emediong was sentenced to three months imprisonment with an option of N100,000 fine.

 

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But we have the 'sacred' ones whose images loom larger than the real life!!

Good, but can this be extended to political office holders found to have looted the treasury?

Punch pls learn how to use a proper headline, this apparently is making no sense.

This sentence doesn't make sense at all. How will she return the fund if she kept away for so long?

What was the court verdict over the pathological attitude of Mrs Sadiya Umar Farouq (Minister of Humanitarian affairs) that was responsible for the misplacement of 2.9bn. What was the court verdict over the uncultured attitude of DSS DG that secretly singlehandedly recruit .

Wish this could apply to all our politicians caught in the act. Alas❗different rules apply.

Do ex government officials get the same sentences ?

If I was to rule NG for a day, I'll free this woman and give her all the money !!! I don't like fraudster !!!

House arrest lol

What is the need when they have jailed her they should forget the money then

14 counts - 7 years each concurrently. So 7 years in jail

Magu, Akpabio etc ? 600years

Just 98 million ngn what about those looting billions😅 ooh she been jail 98yrs bcs she didn't loot enough. Please release her to complete the loot so she can sit wit hush daddy's on wine table. Nonsense clueless country 😴

How many politicians can get this kind of judgment

She should have join APC.

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And the ones that abscond with trillions, they wi waka jeje.... The law is meant for weak....

She gon do use am buy properties..poverty alleviation scheme 😂

If that's the case most politicians will bag 1000years and above. Am not in any way in support of crime and looting, but let there be balance in our justice system. What is good for the goose is also good for the gander.

Death sentence in disguise!

Good one as our elders will say these youths will not stop spoiling the name of our GREAT nation. Come and show them what another youth I mean elder has done oh Ok now same energy on politicians please.

I hope she spent all the money before she was caught!! 98 years nah die o

Nice one, but please, jail more politicians!

Lol, people have done worse. I hope they get more than that, periodtt.

Nigeria laws only works against the poor.

What a male politician can do, a female banker can do much better.

No plea bargain?

Stealing is stealing, but justice should be served equally.

Am not in support of crime but what happens to the politicians that stole billions and our destiny join? Unbalanced world.

That face shaa

How many years has any politician gotten?

Crazy, people embezzle billions and get a few years

How person way Dey jail won take return N49m🙂

She is running her 7year jail term on the 14count charge concurrently. Meaning she will spend 7years in jail. Actually less.

Bunch of jokers!! How many years do you give politicians

I don't appraise such act of her.....but I will be bias to say the punishment is worth it..... For the country's top officials sits on daily basis to loot wealth 10 times bigger than this and the judiciary are aware yet leaves it go unheard not talk of giving judgement over it.

When is Nigeria going to start serving this kind of justice to corrupt politicians?

Na politician's wen sentenced lik dz will gladen us....

98years and you still want her to return the money. Smh. If I am the one, shishi you won't see. Imagine

Corrupt Government!

This kind of Justice is only when you're not a politician

Why not 600 years?

So what about those who steal billions of naira from government without serving jail for six months?

Na itel phone dem use snap this woman, cos the flash enter her eyes

A woman stole 49millon and was sentenced to 98 or 99 years in prison while Sambo Dasuki and others are free to roam about in this same country. Truth is only the poor suffers the most in this country tbh.

You all keep jailing the wrong people

The so called politicians should rot in jail then.

Only if she's a politician, mad judges that ain't hesitate to lash out jail term to the common people, since this is Nigeria, how much she stole self, the money first Bank is stealing from common Nigeria is enough to send their MD to 600 years of suffering

What about national treasury looters in 9ja? How many years jail term will they get? Banana republic courts! I no support wetin d ex banker do oooooo

And politicians looting billions get 7yrs.This useless and hopeless laws/constitution is still confusing me till tmrow

Why not just say life in prison

Greed She has destroyed her life. I hope corrupt politicians suffer same faith

Please read the content 🥴🥴

Good news but Lady justice has a blindfold, she is unbiased. Can we have equal justice for every Nigerian, irrespective of your political status, class, ethnicity or creed?

But Goje, George Akume, Amaechi, Tinubu and many more are roaming our streets after stolen billions of naira. Pathetic.

Bullshiit too much now our judges no get sense

NigeriaGov, NGRSenate, channelstv Nigerian government should start jailing corrupt politicians like they've done this woman, those involved in the NDDC missing monies, the lockdown school feeding programme and we all will be happy.

I think that is enough time for her to become beautiful at least on the outside even if she is still fraudulent in her heart.

198 years would have been better since she stole the national budget. How much different from death sentence is this? Anyway, appeal option is probably there. And these judges won't give the politicians such sentence who continue to steal the national treasury dry.

And bigger thieves like orji uzor kalu, Babachir lawal, Ganduje thec dollar thi specialites and others are walking free?

See her face😁, am sure she could see well while committing the crime🧐 mummy mummy why?

How I wish this is even in all facet of our beautiful Nation!

Life imprisonments

Too much now na haba they could have kuku condem her to death.

Werey they disguise

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