Court Convicts Two Access Bank Employees for N9.4m ATM Fraud

January 11, 2023
Two Access Bank employees

By Aduragbemi Omiyale

Two Access Bank employees have been convicted and sentenced to three years imprisonment for aiding and abetting fraud to the tune of N9.4 million.

The convicts, Mr Agbo John Agama and Mr Edoh Steve, were jailed on Wednesday, January 11, 2023, by Justice Mojisola Olajuwon of the Federal High Court sitting in Abuja.

According to a statement by the Economic and Financial Crimes Commission (EFCC), the duo was convicted and sentenced to three-year imprisonment each.

They were also ordered to pay a fine of N100,000 each to the federal government and restitute the victim in the sum of N2.1 million each.

It was gathered that they were taken to court by the EFCC on one count charge by the Makurdi Zonal Command of the agency.

“That you, Agbo John Agama “M” and you Edoh Oga Steve “M” while being employees of Access Bank Plc Makurdi Branch and others now at large, on or about the 8th day of January, 2021 at Makurdi, Benue State of Nigeria within the jurisdiction of this court, used an unauthorized access device to wit: a primed ATM Card on Account No. 30041040648 being operated by one Mejuru Chibueze Gospel with Access Bank resulting a loss of N9,400,000 to him, thereby committed an offence, contrary to Section 33(2)(b) of Cybercrime (Prohibition, Prevention, etc) Act, 2015 and punishable under the same section of the Act,” the charge read.

At the court, when the charge was read to them, the defendants pleaded guilty, and in view of their plea, prosecuting counsel, Ms Mary Onoja, asked the court to convict and sentence them accordingly.

Aduragbemi Omiyale

Aduragbemi Omiyale is a journalist with Business Post Nigeria, who has passion for news writing. In her leisure time, she loves to read.

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