Ex-bank Manager Who Stole N218m From Customer Gets Many Years Imprisonment

Ex-bank Manager Who Stole N218m From Customer Gets Many Years Imprisonment

  • An ex-bank manager, Oliver Anidiobi, has been sentenced to prison after he was found guilty of stealing by the court
  • The court said that he used his position to fraudulently get a huge deposit from a microfinance bank and invested some into a Ponzi scheme
  • According to the court's ruling, his properties which he used a part of the money for will be valued and sold off

A former bank manager, Oliver Anidiobi, has been sentenced to many years imprisonment after he was found guilty of stealing a customer’s N219 million.

Oliver was said to have forged documents to get the funds. EFCC reports that the sentencing happened on Tuesday, November 2, and was given by Justice C O Ajah at a court session in Enugu.

His landed properties would be valued and sold off.
He bought some properties with the money. Photo source: EFCC
Source: Instagram

He misused his position

A 32-count charge prosecution was brought against him. Citing Economic and Financial Crimes Commission (EFCC), the sentenced was arraigned in 2019 for using his position to convince a microfinance bank to make a large deposit through him.

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The man used some parts of the money to build a block of five flats and got several plots of land in Port Harcourt among others.

He was said to have also made an investment of the sum of N65 million to a Ponzi scheme called “Let’s Partner with You.”.

The court also order that all his properties be valued so that they can be used and the money paid back to the microfinance bank he swindled.

Read the full post below:

At the time of writing this report, the development has generated thousands of comments.

Legit.ng compiled some of the reactions below:

domingo_loso said:

"This one no get joy oo, 219M. Ahan! No fear of God whatsoever."

nabirerecordz said:

"Is the paper for me, cardboard done finish."

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oluwa_seni said:

"Baba they smile self.. Na something biggg he dey like do."

john_chinenye50 said:

"All these bankers self Lowkey yahoo ni gbo gbo won."

gabriella_adiwu said:

"So, one person get n219m? Only my 1k I dey feel lucky."

Man impersonated EFCC

Meanwhile, Legit.ng earlier reported that officers of the EFCC arrested a man, Ladeji Kelvin Babatunde, who reportedly impersonated the agency for his selfish interest.

In a press release by the Commission on its official Instagram page, it revealed that Babatunde reportedly defrauded yahoo boys (internet fraudsters) of more than N38 million.

People have since reacted to the photo of the man posted by the commission on its Instagram account. It should be noted that EFCC also recovered an uncompleted 4-bedroom flat he was building with the proceed from him.

Source: Legit.ng

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