Ex-Banker Fadayomi Jailed
Ex-Banker Fadayomi Jailed Six Years, To Refund
N11m
A former employee of the Ayete Microfinance Bank Limited in Oyo
State, Sunday Fadayomi, was on Friday, November 29, 2019, sentenced
to six years in prison without an option of fine for stealing a
total of sum of N11,000,000 (Eleven Million Naira) from the bank
while working there.
Justice Mohammed Owolabi of the Oyo State High Court pronounced
Fadayomi guilty in all the 30 counts of a criminal charge filed
against him by the Economic and Financial Crimes Commission,
EFCC.
The convict is an information system expert in charge of the
bank’s information technology section, the position he held for
about 10 years before his criminal exploits were blown open.
The bank, in a petition dated April 17, 2018. had accused him of
sundry criminal activities including posting money to customers’
accounts without tellers, posting cash deposit at weekend when the
bank was not opened for operation, accessing loans without
intention to pay and using proxy accounts to commit fraud, among
others.
After firming up its series of investigations into the
allegations, the EFCC arraigned him on a 30-count charge on May 17,
2018.
Fadayomi, however, pleaded not-guilty to all the charges which
border on stealing and contrary to Section 390 (6)(9) Criminal Code
of Cap 38, Vol. 2 Laws of Oyo State, 2000.
His plea led to a full trial which came to a halt on Friday. The
EFCC was represented in the case by Ifeanyi Agwu and Oyelakin
Oyediran.
After considering arguments by the prosecution and defence
lawyers, Justice Owolabi held that the EFCC lawyers convinced the
court that the accused indeed committed the offence with which he
was charged.
He found him guilty in all the 30 charges and sentenced him to
six years imprisonment without an option of fine.
He also ordered that the convict restitutes a sum of N11,000,000
to the bank.
Wilson Uwujaren
Head, Media & Publicity