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Tuesday, 6 August 2013

Ecobank Manager Gets 2 Year Jail Term For Stealing N65 Million ($406,000)

Justice Dije Abdu Aboki of the High Court of Kano State recently convicted and sentenced Usman Salifu to two years imprisonment for stealing.

The convict was alleged to have stolen the sum of N65, 000, 000 from one Yusuf Sale Dunari’s fixed deposit account domiciled at Oceanic Bank ( now Ecobank) where he was a Branch Manager. The convict who had pleaded not guilty upon arraignment, dramatically changed his plea by admitting his guilt to all the 4-count charge.

The defence counsel pleaded with the court to tamper justice with mercy, saying that the convict is a first offender, and has aged parents and many dependants. But the prosecuting counsel M.M Gambo urged the court to make orders regarding restitution in sentencing the convict. Justice Aboki accordingly convicted the accused and sentenced him to six months imprisonment with option of N2m fine on the first count, six months with option of N500, 000 fine on counts 2 and 3 and four months imprisonment with option of N500, 000 fine on count 4. All sentences are to run concurrently

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