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Ex-banker sentenced to 195 years in prison over N21m fraud

Daniel Oyetoro by Daniel Oyetoro
November 3, 2016
Reading Time: 1 min read
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A former staff of Oceanic Bank Aliyu Suleiman on Wednesday was sentenced to 195 years imprisonment for fraud by Justice Dije Abdu Aboki of the Kano State High Court.

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The convict was arraigned by the EFCC on the September 30, 2014, for allegedly stealing over N21m from Albasu Microfinance Bank. Upon his arraignment, the convict pleaded not guilty to all the count charge brought against him by the EFCC.

Delivering her judgment Justice Aboki sentenced the convict to serve two years on each of count one to forty four and fine of N300,000 on each. Where the convict defaults the fine, he is to serve additional six months imprisonment on each count.

From count 45 to 74, the convict was sentenced to fine of N500,000 or twelve months imprisonment on each count while on count 75 to 105, he is to pay fine of N200,000 or twelve months imprisonment on each count with the exception of count 97 which appeared to be duplication.

The sentences were to run concurrently. The convict was also ordered to restitute the sum of N14.8m to the Albasu Community or spend five more years in prison.

The convict was a former staff of Oceanic Bank and was entrusted by the Albasu Community to take charge of their Microfinance Bank. While in charge, the convict violated that trust and siphoned over N21m by forging signatures of the other signatories to the funds.

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Comments 62

  1. Ajao Babatunde says:
    6 years ago

    Ehen …en. This na correct sentence

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  2. Liuraman Knda Simon says:
    6 years ago

    195 years?? hmm!!

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  3. Amaka Onyeka says:
    6 years ago

    Una for write Life imprisoment,how old is he now ?

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    • Emmanuel Withus says:
      6 years ago

      Amaka, all this rubbish na only in Nigeria where it happened

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  4. Kush Bishop says:
    6 years ago

    1000virgins awaits him in the oda world…hahahaaha…useless religion

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  5. Onyi Agu says:
    6 years ago

    Lie

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  6. Clarence Uyi Uyi says:
    6 years ago

    hw many yrs wil he live on earth

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  7. Oladimeji Okunlola says:
    6 years ago

    If they give this man 195 hw many years for those wey dey steal 40billion dollars…injustice in Nigeria… Chai

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  8. Sunny Sos Godson says:
    6 years ago

    Useless lawmakers, meanwhile the real thieves looting billions and trillions are walking freely.

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  9. Samuel Ngozi Esther says:
    6 years ago

    Kuku kill d man…

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  10. John Sylvanus says:
    6 years ago

    lol

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  11. Lovth Essien says:
    6 years ago

    How old is this man? Will he be alive to that 195year

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  12. Emmanuel Onyechi says:
    6 years ago

    Lol una wicked ooo even if Na Dracula him go die nah

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  13. Opeh Benjamin says:
    6 years ago

    How old is he now….???

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  14. Eboigbe Markson says:
    6 years ago

    He should be killed instead. ..I mean stone ti death

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  15. Emmanuel Withus says:
    6 years ago

    The man eat the money alone and nothing remain to bribe the judge…… 70+195=death

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  16. Oscar Ugochi Ezeonu says:
    6 years ago

    Nawa na, una for kill the man instead of this sufferness

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  17. Musa Hudu says:
    6 years ago

    Haba is toomuch… Wat about dasuki dem others is looted billion? unlawful sentenced

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  18. Onwuchekwa Yvonne Chinyere says:
    6 years ago

    This country is lawless and almost uselessso this ex banker can be sentenced for life till death imprisonment and political leaders and looters walk about scotfreechaiiiii *in patience Jonathan ‘s voice* ………..money+connection talks while bullshit works

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  19. Chinonso Umeh says:
    6 years ago

    u for kill him at once nah, idiots

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  20. Junior Amaechi says:
    6 years ago

    e no go beta for u ppl. does dat still trillion is not being sentence to life imprisonment. Una papa

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  21. Chimaobi Young says:
    6 years ago

    it may look like he could stay in jail till he dies and his son will come and continue from where he stopped…lets take the man to have spent 35 yrs in jail before death….that is 195 – 35 = 160 yrs for the son… obviously the son cant spend all so it passes on to the 3rd generation..

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  22. Nwachukwu Chidi James says:
    6 years ago

    Na wa ooo,so dis means the guy will continue his prison sentence even after he dies in prison!see judgement

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    • Onyiye Ewulu says:
      6 years ago

      Hahahh

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  23. Elias Lindsy Ifeoma says:
    6 years ago

    Is this for real?

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  24. Matthew Bamidele says:
    6 years ago

    Mk una beta kill am. C fat person wen nah half bar dae hold na t una cari go put for jail haba.

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  25. Yusuf Banki Abdullahi says:
    6 years ago

    Why you people do not consider what ngozi bank minister and diezina petroleum minister loot and also a dasuki

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  26. Peter Oseyanojie says:
    6 years ago

    When Jesus come……he will be free

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  27. Michael Eze says:
    6 years ago

    Justice is good but 195 years is too much 4 #21million fraud what about top government officials DAT ar looting billions of dollar’s? May God help us

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  28. Peter Oseyanojie says:
    6 years ago

    Some person in my neighborhood…..just 1m…ready….sacrifice their life… How much more 21m….alive… Family no dey beg for bread…no….yawa

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  29. AdaMs EmmAnuel McCoy says:
    6 years ago

    Just 21m & he is sentenced to what??
    That’s so unfair.

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  30. Uchubiyo Paul says:
    6 years ago

    What of those that are stealing billions if dollar

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  31. Michael Michael says:
    6 years ago

    Jisos is lord…by then ur dead…so pple do 2bn fraud na 300years be dat

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  32. Tersoo Timothy says:
    6 years ago

    The judgement took place at kano, i am very sure is sharia law that they used agaist him.

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  33. Animashaun Holuwardarasimii Holuwarthosin says:
    6 years ago

    Arrest the children too oh. They will help him to serve his jail term too. Seriously that’s too much Na 195 year. When is not that the man kill Bill gate

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  34. Ferdinand Ossy says:
    6 years ago

    That is why we call them Zoological Republic

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  35. Emeka Ibeagwa says:
    6 years ago

    God punish our judiciary
    They can’t impeach Buhari but can jail for 195yrs

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  36. Timothy Jimo says:
    6 years ago

    Hw many years did he hv on earth

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  37. Bob Markson says:
    6 years ago

    Laws were only made for the poor justice is suppose to be blind but justice in Nigeria knows who to take in or not Nigeria is a zoo stand up for Biafra

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  38. Princess Chineye Mounanu says:
    6 years ago

    just passing

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  39. Falodun Phebe Peace says:
    6 years ago

    Hmmm naija! Nawa o

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  40. Abdulmalik Madaki says:
    6 years ago

    In which court, in Nigeria?

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  41. Sandra Ezechukwu says:
    6 years ago

    Is not better u hang him by death
    195 years, the person go still dey alive,
    Eh Niger I tire ooooo

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  42. Kayode Salman says:
    6 years ago

    What about Dasuki……. That even sued federal government

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  43. Emmanuel Johnson says:
    6 years ago

    And what happened to Deziani ?

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  44. Emmanuel Johnson says:
    6 years ago

    I bet you all that if Deziani is tried, she will still be serving her jail sentence in hell

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  45. Olaedo Chi says:
    6 years ago

    What about real Nigeria fraudsters so called pastors and politicians, how many years jail terms will have

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  46. Chioma Aladi says:
    6 years ago

    This is too much

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  47. Don Chuks says:
    6 years ago

    195 too small,if na me I go giv am 200 wit serious hard labor

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  48. Marshal Orunwebho says:
    6 years ago

    Ah ah..Y not just call it life imprisonment

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  49. Taye Muhammad says:
    6 years ago

    Kai u swallow people moni

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  50. Monflexy Zee says:
    6 years ago

    Kai

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    Reply
  51. Blessing Akang Edidiong says:
    6 years ago

    Ok

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  52. Roseline Manyasi Mukoya says:
    6 years ago

    195yrs why not just say life sentence

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  53. Uwaifo Valentina says:
    6 years ago

    195 doesn’t make sense. You mean even in his grave his spirit will still be in jail.you people don’t want him to face God’s judgement

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  54. Nelson Chisom says:
    6 years ago

    Hmmm Devil him self is not happy with Nigeria because this is not what devil tought the judges and lawyers Nigerian lawmakers are doin worst than Devil him self imagine wen devil is not happy with you how will #God_fell_about_you

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  55. Fiona Valeria says:
    6 years ago

    Which one be 195 years.mtcheew

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  56. Tosin Adeleye says:
    6 years ago

    We await all the yam eater sentences dasuki 450years

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  57. Tibil Davou says:
    6 years ago

    Its unfair, what about those that stole billions? And are still parading the streets free and untouchable what is the Judiciary that sentence this man do about them? Hmmmm, no wonder they said Nigerian laws are made for the common man. You steal N1000,000 you go to jail but steal billions they will say return N500,000,000 and go with the remaining.

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  58. Walli Berrih says:
    6 years ago

    He is a fool e is meant to steal 21billion n wen police arreat e should give dem 1billion and give the judge 1billion i bet if dey will let in go to jail… stupid ppl

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  59. Otelemate Otis Horsfall says:
    6 years ago

    That’s more than a century… What a judgment…

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  60. Bolaji says:
    6 years ago

    195? Judge should have just said ‘go and die’

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