Two Bankers Jailed Three Years For N9.4m ATM Card Fraud

Two bankers, Agbo John Agama and Edoh Steve were Wednesday, convicted and sentenced to three years imprisonment by Justice Mojisola Olajuwon of the Federal High Court sitting in Abuja, for conspiracy, aiding and abetting fraud to the tune of Nine Million Four Hundred Thousand Naira (N9, 400,000).

Court Jails Two Bankers For N9.4m ATM Card Fraud

The convicts were prosecuted on one count charge by the Makurdi Zonal Command of the Economic and Financial Crimes Commission EFCC.

The charge reads, “That you, Agbo John Agama “M” and you Edoh Oga Steve “M” while being employees of Access Bank Plc Makurdi  Branch and others now at large, on or about the 8th day of January 2021 at Makurdi,  Benue State of Nigeria within the jurisdiction of this Honourable Court, used an unauthorized access device to wit: a primed ATM Card on Account  No. 30041040648 being operated by one Mejuru Chibueze Gospel with Access Bank resulting a loss of Nine Million Four Hundred Thousand Naira (N9,400,000) Only to him, thereby committed an offence, contrary to Section 33(2)(b) of Cybercrime (Prohibition, Prevention, etc) Act, 2015 and punishable under the same section of the Act “.

The defendants pleaded guilty to the charge preferred against them. Given their plea, prosecuting counsel, Mary Onoja asked the court to convict and sentence them accordingly.

Justice Olajuwon convicted them and sentenced them to three-year imprisonment each.

They were also ordered to pay a fine of N100,000 each to the Federal Government of Nigeria and restitute the victim in the sum of Two Million, One Hundred Thousand Naira each.

In other news, Kanyi Daily reported that Nigerian comedian and actor, Ayo Makun better known as AY Makun on Wednesday, gave an insight into why Nigeria will continue to produce generations of citizens who will be interested in leaving the country in large numbers, a phenomenon locally called, ‘Japa’.