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It is no longer used that the
State High Court in a Number has sentenced

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the former branch manager of First City
Monument Bank FCMB Humtical Placidos to one hundred

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and twenty one years imprisonment for tampering
with the client’s servants, but EFCC in

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the course of their investigation, arrested
and arrange the complainer Ademily micro Finance Bank

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Managing director Ni Youlaginery. They then
held of internal audit MC Crimenon and also

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the then head of Credit and Marketing
in kokk E FCAC in the count Church

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preferred against the three former bankers of
the Emily NFB accused of of edit mutico

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Placidos in committing the fraud as a
result of the afflia to carry out their

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duties in line with banking practices,
principles and procedures. The three former bankers

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were arrived alongside the Umotico Placidos on
March twenty seven, twenty eighteen, before

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a State High Court and Honiture Area
of a number states, and the court

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granted Dun Dun with the soal of
one million millers each with one tety who

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must be a civil servant of not
less than salary grade level fourteen. Hummatical

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Pleasidos, who was first arranged before
a federal High Court in Oca, the

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annumber States Capital with ten count charge
on November twenty fourth, twenty sixteen,

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was later re arrentd alongside the three
former bankers of the Emily MFV with expanded

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count charge of twelve before is State
High Court in Honitor on March twenty seven,

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twenty eighteen. The court’s decision on
the three former bankers of the Demi

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MFB is yet to be assertained.
Bleed e FCC, in a news released

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a few days ago, announced that
the court has sentenced mortical pleasidos to one

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hundred and twenty one years imprisonment for
ten curred with Eemini n FB fixed deposite

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savings. The EFCAC news release rates
in quote justice s n onlyly of the

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a number of state High court setting
in Honita, a number state has convicted

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and sentenced a former manager with First
City Monument Bank FCMB Honita branch Umchico Plecidos

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to accommodated one hundred and twenty one
years imprisonment for diverti fixed deposit forms of

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the customer to the two of one
hundred and twelve million, one hundred thousand

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ERA only for his personal views.
He was arranged on Tuesday March twenty seven,

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twenty eighteen, on sixteen count charges
bothering on fortray, stealing, obtaining

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by false pretense and uttering by the
Editing Zone and Command of the Economic and

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Financial Crimes Commission EFCC. One of
the count’s rates who Watico plecidos between February

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two thousand and nine November twenty fourteen
in aunitia A numbers starts within the jurisdiction

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of the numbers. Stetsah Curt of
Nigeria would in ten to the four otten

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the song of one hundred and twenty
million, one hundred thousand Mira only from

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Enemily Microfinance bankpounder. The false pretends
that you have plus the said money in

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effixed to posit account with the First
City Monument Bank POC for it, which

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pretends you need to be false and
few thereby committed an offense. He pleaded

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not guilty to the charges when they
were weak to him, thus setting the

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stage for his trial. In the
course of trial, the e FCC,

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through its council menphos Adaka Equo,
presented four witnesses and tenders several relevant documents

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which were admitted in evidence. In
his judgment, just as for Willing,

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held that the prosecution proved its case
beyond Bitton. The wound out and sentenced

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the convicts to nine years imprisonment on
count three, four years on count four,

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and nine years on counts five to
sixteen, respectively. He was discharged

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on counts one and two the sentences
Charron. Concurrently, the court follow ordered

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the convicts to restitute the said song
to his victim. In Emily micro Finance

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Bank Pleasantness journey to the correctional Center
began when a petitilar it Emily micro Finance

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Bank Limited alleged that the song of
one hundred and twelve millers one hundred thousand

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was handed over to him as the
branch manager of FCM million Honitor for fixed

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deposit. However, when the particular
approached the bank to terminate and withdraw the

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deposit, the bank the line receiving
the sad funds or all receipts of the

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petition. The EFSC swung into action
and investigations revealed that the conduct diverted the

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money for his own loos and issued
a freight fixed deposit certificate to the petitular

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e FAC HAD on March twenty seventh, twenty eighteen. Also reported that the

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Endmosdeal Office of the Economic and Financial
Crants condition e FAC on Tuesday March twenty

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seven, twenty eighteen, Arrangeform bankers
on the twelve count charge of stealing convergant

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and obtained by false pretenses to a
sum of one hundred and twenty nine million.

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Mayra only one of the four bankers
who were arranged before Justice k Uncle

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of the State High Court Honita a
number of states, were Muchiku Placidos,

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a former manager of First City Monument
Bank Limited Onunita branch. Three former bankers

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with the Demily Microfinance Bank Limited were
minim Ohiomnachinery, Empositi, Cimenum and k

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Okk. They were managing Director,
Internal Auditor, held of Credit and Marketing

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and rest Expectively the first defendants who
want to complaced us. According to petition

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received by the Commission, diverted funds
received from given Mini Microfinance bankman to be

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placed as fixed deposits to his personal
accounts. Further investigation revealed that giving his

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personal and favorable involvements in the forests
businesses. He diverted most of the moneys

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meant for fixed deposits, one claiming
that were severally warned over and held presented

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forge fixed deposit certificates to cover his
tracks. The court defendants had, at

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several periods and on different capacities as
managing director, internal Auditor, held of

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Credit and Marketing respectively, not only
facilitated the said deposits but were found to

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have all negated official ethics of bunking
in handling the case by not free adhering

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to non banking procedures. Their non
compliance and one responsive attitude epitomized by non

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adailability of instruments pertending to the transaction
of the fixed deposits was seen by the

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petitular as they are being completed in
the fraud. All the defendants pleaded not

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guilty to the charges. The prosecution
Council memphos Adhaka said he was just solved

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at the court premises with motion for
bill applications for the accused pass by their

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councils. Counsel to the first accused
c in the acladed that his client be

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allowed to continue enjoying the burl earlier
granted to him by the Federal High Court

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occur on a similar case. While
trying to perfect the incumbent burl If granted

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a request that was rejected by the
George. The judge, hownd, listened

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to counsel to the other defendants granted
bill on different conditions to them as follows.

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The first defendant was to produce two
shotis and the song of two million

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narra enlightsome with the shootis residing within
the jurisdiction of the court. He further

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directed that the most have landed properties
and most deposit two copies of their recent

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passport photographs alongside that of the defendants. The second, turn and fourth defendants

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were respectively granted burg in the song
of one million narr and one shuty each

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who must be a civil summont of
not less than great level fourteen and who

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must also reside within the jurisdiction of
the court. The case has been adjuncted

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to June fourteenth, July sixteenth,
October fifteenth, November seventh, and December

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sixth, twenty eighteen, respectively,
for hearing earlier at the Federal High Court.

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E f SC also reported on November
twenty fifth, twenty sixteen, that

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the Economic and Financial Crantz Commission e
FCC on Thursday November twenty fourth, twenty

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sixteen, rent Want to Watch complaced
us on a ten count charge that bogles

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on fraud and falsification of false city
monument Brank Certificate of investment before Order of

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Justice IDICA file of the Federal High
Court occur in a number state. While

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the charge was reached to the accused
person, he pleaded not duty to the

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ten count charge preferred against him by
the e FCC. In view of his

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plea, the defense council, Barrista
D M. S Ali immediately praised the

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court to grant the accused bill,
but the prosecuting council, Barrista S.

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M. H hib quote Esquire,
vehemently opposed the bill application and hinged his

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argument on the fact that the accused
person already has a police record hanging on

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his neck and assort might become elusive
and stole his trial. After listening to

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both councils, the court, however, granted the defendant big in two shotties

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which must not be below grade level
fourteen in the civil service and must be

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verified by both the Health of Service
and the Court Registrar. The case was

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then a junct to January twenty fifth, twenty seventeen, for commencement of trial

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day rene in a moni