Man jailed two years for spending N21.9m mistakenly paid to his bank account

A man, Chinedu Francis Nwabuisi, has been sentenced to 2 years imprisonment without an enactment of good for converting N21.9 cardinal mistakenly credited to his slope relationship to idiosyncratic use.

Justice Irele Ifijeh of the Edo State High Court sitting successful Benin City handed down the condemnation aft uncovering Nwabuisi blameworthy of the offence.

The Economic and Financial Crimes Commission, EFCC, Benin Zonal Directorate, prosecuted Nwabuisi for converting the wealth which was erroneously credited to his relationship from First Bank Plc pursuing a strategy glitch.

During the trial, prosecution counsel, M. S. Dahiru, presented 2 witnesses, including a elder First Bank authoritative and an EFCC operative. Documentary grounds was besides tendered and admitted by the court.

However, portion defending himself, Nwabuisi claimed helium believed the wealth was a payment owed to him for operating a Point of Sale, POS, concern with the bank.

The tribunal rejected his defence and convicted him, sentencing him to 2 years successful situation without an enactment of fine.

Justice Ifijeh besides ordered the convict to repay First Bank Plc the sum of N21.9 million.

Read Entire Article