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Friday, 7 October 2016

N8bn CBN currency scam: Ex banker bags twelve years jail term

Ademola Oni (pictured), a former banker with the Wema Bank, has been convicted and sentenced to twelve years imprisonment for conspiracy and money laundering. Delivering the judgement, Justice Joyce Abudmalik of the Federal High Court, sitting in Ibadan, Oyo State, on Thursday, 6th October, ruled that he forfeits all his properties and cash in various banks as proceeds of the crime.


Oni was arraigned by the EFCC alongside six former officials of the CBN and fifteen others from different Commercial banks in an alleged case of conspiracy and money laundering. The bankers allegedly conspired to steal and conceal mutilated and defaced local currency amounting to eight billion naira (N8bn) from the Central Bank of Nigeria.

 Ademola, who was the 4th defendant in the matter, opted for a plea bargain agreement with the prosecuting counsel and pleaded guilty to 5 of the 24 amended count charges brought against him. Justice Abudmalik convicted him and sentenced him to two and half years on each of the five counts accordingly. The sentences are to run concurrently

25 comments:

Juliet Iwuno said...

Serves him right. Linda take note!

NaijaDeltaBabe said...

Chai!


...merited happiness

Omotayo Damilola Joseph said...

Seen

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Fortunatus Ifenna said...

Hehehe. Good for him. International Week Predictions! Get your amazing soccer prediction tips for Friday & Saturday 7th & 8th October  2016 @ www.fortunatusblog.com  

Angry Nigerian! said...

what about those politicians and Patience jonathan embezzling huge amount of money!!! Are they going to Prison or Nah!!!!!!!!!!!! Nigeria wake up!!!! NO ONE IS ABOVE THE LAW!! Im tired of seeing mere citizen bagging jails for same offence even lower! the politicans are doing but given bail!!!!

Uju Phil said...

Good for him...#Karma

livingstone chibuike said...

Enjoy ur 12yrs

Anonymous said...

Linda if each of d sentences r to run concurrently then he's spending two nd half years o

Mr B said...

It is easier to convict the masses on any crimes but when it comes to our big robbers called themselves politicians, the case will drag on till the masses loose interest on it.GOD dey.

Anonymous said...

If the sentences run concurrently how is it 12 years? He will only be in jail for 21/2 years.... This Linda doesn't know book

Anonymous said...

See wetin money dey cause o

Chizzy Liz said...

***************************oooyanu *****ndi unu ga atunwu jail na******all of proffesional thieves wey call demselves politicians dey waka freely oooooo !!!!!!!!! Ndi ara

Chizzy Liz said...

***************************oooyanu *****ndi unu ga atunwu jail na******all of proffesional thieves wey call demselves politicians dey waka freely oooooo !!!!!!!!! Ndi ara

okechukwu nnoduechi said...

TOO BAD







AUNTY LINDA 👩

visionary said...

That's what happens when greed takes over...oga enjoy the jail term.

vinna saviour said...

Good for him

Eddy Ogbunambala said...

Good for him

christie benjamin said...

Have fun there, man.

Vivian Reginalds said...

ghen ghen
-D great anonymous now as Vivian Reginalds

Odibe Blessing said...

Hmmmmmmmmmm Good for. Him,stealing is not good

Anonymous said...

Thank God He is not an Igbo man.

Anonymous said...

If the sentences are running concurrently then he is only serving 2.5 years.

OSINANL said...

ADEMOLA ENJOY YOUR NEW HOME

niyi adetoye said...

Go enjoy ur 12yrs if u with peace

Anonymous said...

Your leaders are stealings billions of dollars not naira and no one up till this date has been jailed for even a month.... And u all r crucifying him immediately.. Stupid people wit no brains.. .. If una get opportunity, una no go do same??

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