Ex-FCMB supervisor baggage 121 years for N112m fraud

Ex-FCMB supervisor baggage 121 years for N112m fraud

The Anambra State Excessive Courtroom sitting within the Onitsha space of the state has sentenced a former supervisor with First Metropolis Monument Financial institution (FCMB), Onitsha department, Nwachukwu Placidus, to a cumulative 121 years imprisonment for diverting fastened deposit funds of a buyer to the tune of N112,100,000 for his private use.

The presiding choose, Justice S. N. Odili, sentenced Placidus sentenced to jail on Friday, Could 3, 2024.

The previous FCMB supervisor was arraigned on 16-count costs bordering on forgery, stealing, acquiring by false pretence, and uttering by the Enugu Zonal Command of the Financial and Monetary Crimes Fee (EFCC) on March 27, 2018.

One of many counts learn: “Nwachukwu Placidus between February 2009 and November 2014 in Onitsha, Anambra State, throughout the jurisdiction of the Anambra State Excessive Courtroom of Nigeria with intent to defraud obtained the sum of N112,100,000 from Idemili Microfinance Financial institution beneath the false pretence that you’ve positioned the stated cash in a hard and fast deposit account with First Metropolis Monument Financial institution Plc for it, which pretence you knew to be false and also you thereby dedicated an offence.”

Placidus, in response to a press release issued by the EFCC spokesperson, Dele Oyewale, on Saturday, Could 4, pleaded not responsible to the costs once they have been learn to him, setting the stage for his trial.

In the middle of his trial, the EFCC, via its counsel, Mainforce Adaka Ekwu, offered 4 witnesses and tendered a number of related paperwork which have been admitted in proof.

In his judgement, Justice Odili held that “the prosecution proved its case past affordable doubt” and sentenced Placidus to 9 years imprisonment on rely 3, 4 years on rely 4, and 9 years on counts 5 to 16, respectively. He was discharged on counts 1 and a couple of.

The choose added that the sentences will run concurrently.

Justice Odili additional ordered the convict to restitute N112 million to his sufferer, Idemili Microfinance Financial institution.

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