Unity Bank Manager Jailed for Stealing N11.7m from ATM

0
1886
OrijoReporter.com, Unity Bank Manager ATM theft

Justice Ibrahim Jauro of Yobe State High Court, has convicted and sentenced, a manager with Unity Bank Plc, Adamu Kaka Adamu, to one year imprisonment, for stealing the sum of N11, 657, 500 million, from the bank’s Automated Teller Machine (ATM).

Read Also: N924m debt suit against Kanu Nwankwo adjourned till January 16

Justice Jauro convicted and sentenced the banker, a Service Manager in charge of Vault Room and ATM of the bank’s Damanturu, Yobe State, on Monday, after he was found guilty of charge of theft of the said sum, made against him by the Maiduguri Zonal office of the Economic and Financial Crimes Commission (EFCC).

The convict was accused of diverting the said sum which was meant to be fed to the ATM of the branch.

The charges against the convict reads: “that you, Adam Kaka Adam while being the Branch Service Manager with Unity Bank Plc Damaturu, Yobe State, in charge of Vault Room and Automated Teller Machine (ATM) sometimes in the year 2017 at Damaturu, Yobe State within the jurisdiction of this Honourable Court and in such capacity dishonestly took the sum of N11,657,500.00 (Eleven Million Six Hundred and Fifty seven Thousand, Five Hundred Naira) only being the property of Unity Bank Plc without its consent and with intention of permanently depriving it of the said sum and thereby committed an offence contrary to and punishable under Sections 286(1) and 287 of the Penal Code Law, Laws of Yobe State of Nigeria respectively”.

While delivering the Judgment on Monday, Justice Jauro found him guilty of the offence as charged.

The convict, however, pleaded for leniency and urged the court to temper justice with mercy.

Counsel to the convict, Mukhtar Ali Ahmed informed the court that Adam had previously been convicted for criminal misappropriation by Justice Isa Hamman Dashen of the Federal High Court, Damaturu.

Justice Jauro consequently sentenced Adam to one year imprisonment with an option of N100, 000.00 fine.

 

Sign up for our daily newsletter

Get the latest news delivered straight to your inbox every day. Stay informed with the Orijo Reporter's leading coverage of Nigerian and world news.

LEAVE A REPLY

Please enter your comment!
Please enter your name here