Two former bankers, Titus Chima Nwankwo and Utibe-Abasi Ifiok George have been convicted by Justice Elias Abua of the Cross River State High Court sitting in Calabar, Cross River State for stealing the sum of N2,900,000 from the account of a deceased customer of a commercial bank.
Nwankwo and George were jailed on Tuesday, April 26, 2022, after pleading guilty to one-count separate charges bordering on forgery, conspiracy, breach of trust, and stealing, upon their arraignment by the Uyo Zonal Command of the Economic and Financial Crimes Commission, EFCC.
In view of their pleas, prosecution counsel, Joshua Abolarin prayed the court to convict and sentence the defendants accordingly.
Justice Abua convicted and sentenced George to three months imprisonment with an option of a fine of N100, 000.00, while Nwankwo bagged three months imprisonment with an option of a fine of N50,000.00.
The convicts’ journey to the Correctional Centre started on June 16, 2021, when a petitioner alleged that they conspired and forged the signature of Godfried Francis Osso, a deceased customer of a bank, and fraudulently diverted the said sum for their personal uses. They were investigated, arrested, prosecuted, and convicted.
