Categories: News

Man Sentenced For Stealing A Microfinance Bank N935,000

An Ota Magistrates’ Court in Ogun  on Wednesday sentenced a 29-year-old man, Dotun Akande, to one year  in prison for N935.000 belonging to Orisun Microfinance Bank.

In a ruling, Senior Magistrate G. E. Akan, however gave the convict an option to pay N20,000 fine.

Akande, who lives at No. 28 Ayantunde St.,  Iyana-Iyesi,  Ota, had pleaded guilty to stealing.

Earlier, Mr Chudu Gbesi, the prosecutor, had told the court that the accused committed the offence sometimes between  May and August, 2016.

He said the accused, who was the staff of the Microfinance Bank, collected N935, 000 from customers and refused to remit the money to his employer.

The prosecutor said that the convict converted the money to his personal use.

Gbesi said that the offence contravened Section 390(9) of the Criminal Code, Laws of Ogun, 2006.

NAN

Recent Posts

Timi Canvasses Politics Of Inclusiveness As Omoluabi Progressives Meet Stakeholders In Ede Fed. Constituency

The Timi of Ede, Oba Munirudeen Adesola Lawal Laminisa I, has urged politicians to always…

6 hours ago

APC Chieftain Sues Ganduje Over Chairmanship Position

A former national chairmanship aspirant of the All Progressives Congress, APC has dragged the chairman…

6 hours ago

Man Who Specialises In Stealing Phones During Church Service Arrested

A man who specialises in stealing phones at worship centres, Babatunde Olaoluwa, has been arrested…

7 hours ago

US-Based Nigerian Couple Found Guilty Of Forced Labour, Trafficking, Faces 20 Years In Prison

A federal jury in Camden, New Jersey, United States has found a Nigerian couple, Bolaji…

7 hours ago

Russia Places Zelensky On Criminal ‘Wanted’ List

Ukraine President Volodymyr Zelensky has been added to Russia's list of wanted criminals. However, Kyiv…

7 hours ago

Drama As Kidnappers Sleep Off After Abducting Pastor’s Wife In Ondo

There was drama has some suspected kidnappers who abducted a pastor’s wife and two other…

13 hours ago

This website uses cookies.