L
LequteMan
Guest
Mr. Olawale Garuba, a banker, has been sentenced by a Lagos high court to 39 years in prison for stealing money from a customer who is now dead. He will however spend 3 years in jail.
He was arraigned before Justice Oluwatoyin Ipaye alongside six others in July 2015 for conspiring among themselves to steal over N30m from the bank account of a deceased customer of a bank where the convict works.
The fraud was uncovered by the bank when they discovered that some of their employees, including the convict had connived with proxies to steal from a dormant account of one of the bank’s customers.
Upon the discovery of the fraud, the bank apprehended the employees and handed them over to the Economic and Financial Crimes Commission for investigation and prosecution.
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He was arraigned before Justice Oluwatoyin Ipaye alongside six others in July 2015 for conspiring among themselves to steal over N30m from the bank account of a deceased customer of a bank where the convict works.
The fraud was uncovered by the bank when they discovered that some of their employees, including the convict had connived with proxies to steal from a dormant account of one of the bank’s customers.
Upon the discovery of the fraud, the bank apprehended the employees and handed them over to the Economic and Financial Crimes Commission for investigation and prosecution.
Read full story