Two bankers jailed for N9.4m ATM card fraud in Makurdi

Two bankers, Agbo John Agama and Edoh Steve were on 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 N9,400,000.

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 “.

READ ALSO:$2b Bank Fraud: FG probes 2 serving ministers, ex-CBN gov

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

Justice Olajuwon convicted 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.

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now