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Thursday, 3 November 2016

Photos: Former Oceanic bank staff sentenced to 195 years in jail for N21m fraud

Justice Dije Abdu Aboki of the Kano state High Court today convicted and sentenced former Oceanic bank staff, Aliyu Suleiman, to 195 years imprisonment for allegedly stealing over N21, 000,000 (Twenty one Million Naira only) from Albasu Microfinance Bank.

As a former staff of Oceanic Bank, Aliyu was engaged and entrusted by the Albasu Community to take charge of their Microfinance Bank. While in charge, the he violated that trust and siphoned over N21, 000,000 (Twenty Million Naira) by forging signatures of the other signatories to the funds.


He was first arraigned in court on September 30th, 2014. He pleaded not guilty to all the count charge brought against him by the EFCC. Delivering judgement in the charges brought against him, the presiding judge, Justice Aboki sentenced the convict to serve two years on each of the first forty four counts he was charged with and a fine of N300, 000 on each.

Where the convict defaults the fine, he is to serve additional six months imprisonment on each count. From count 45 to 74, the convict was sentenced to fine of N500, 000 or twelve months imprisonment on each count while on count 75 to 105, he is to pay fine of N200, 000 or twelve months imprisonment on each count with the exception of count 97 which appeared to be duplication.

The sentences are to run concurrently. The convict was also ordered to restitute the sum of N14, 815,000 (Fourteen Million, Eight Hundred and Fifteen Thousand Naira Only) to the Albasu Community or spend five more years in prison.

28 comments:

Juliet Iwuno said...

Dat is to say people wey loot billions go get thousands of years. Linda take note!

BONARIO NNAGS said...

When it's an average Nigerian, the judgement is swift and the sentence lengthy, but Patience still have people agitating on her behalf.



. ~BONARIO~says so via NOKIA LUMIA

Uju Phil said...

Good for him...

livingstone chibuike said...

Well sorry is ur name

Chizzy Liz said...

*********************Asin jee nwuo na prison....

Ogenah Boris said...

That's same with life imprisonment

Ndubisi Tochukwu said...

Even ur children children no go know u

Signed
LibBadBoy

Larry said...

Nigeria judges are fucked....195years 😭 U guys must be joking you've destroyed this man entirely,, what happened to our useless , armed robbers politician that took more than this u guys free them abi ... The thunder that will fire all this useless judges is still doing press up ready to explode on u all . So bad

ONYX linda ikeji first son GODWIN said...

It's useless if he won't produce the money

Odibe Blessing said...

Jeezzz Dat's too much nahh,for ordinary 21mil

Jamila Shaibu said...

WTF na wa oooo

Eddy Ogbunambala said...

Choi!

Vivian Reginalds said...

very good
-D great anonymous now as Vivian Reginalds

what's on said...

Wow

uniquechic said...

Thief!!
Na life imprisonement be that

sugarplum said...

Is too much oO, for 21mil only, in other hands that's life imprisonment. I have never steal and can never steal, to be human, the punitive is extreme. That kind of judgment is meant for killers and politicians who stole trillions naira and billion of dollar and

okechukwu nnoduechi said...

SERVES HIM RIGHT








AUNTY LINDA 👩





PLEASE KINDLY FOLLOW ME ON LIS @OKECHUKWU NNODUECHI

Anonymous said...

195 years! That's too much. What a sick judge! This guy stole. He didn't commit murder. Even murderers don't get 195 years in jail.
What's wrong with this judge?

christie benjamin said...

This is really laughable! this is just the end of this man! 195yrs? The judge must be very mean!

francis izunwanne said...

With this number of years even for hell fire the guy go still de prison na wa oo people wicked shaa,the customer Oga wey bring 1bili back you know how many him for Don wack,abeg make una go die all mad judiciary and thief's wey they catch thief...

Anonymous said...

I don't just understand the law in this country anymore!! 195yrs for a banker who stole 21m, then I believe all those politicians who has been found guilty of embezzling billions should have been put to death. But none has ever been found guilty in the first place. SIGHS*

Anonymous said...

Stupidity, the same judge will give Dikko and Badeh less than five years even though they stole billions

T_Lixir Lixir said...

The politicians only have some assets seized and are asked to return some money. Lawless country.

Eazzy Pompey said...

Hmmmmm. Ur time don reach

Nnamdisblog said...

Funny people. Should have been 2000 Years. Smh

Oloruntola Babs said...

Useless judges, courts, and law.. How much is 21m, that he has to go for 195years.
And "people at the top" looting billions should be sentenced to 10,000 yrs.

Anonymous said...

This is the stupid level to which our legal system has fallen to. 195 years for N21m theft yet, people are "returning" N100m from the billions they stole and they get to go free. This is a big shame!!!!

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