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Home CRIME AND INSECURITY

Court Jails FCMB bank manager 121years for N112m Fraud in Onitsha

Onyeka by Onyeka
May 4, 2024
in CRIME AND INSECURITY
Court Jails FCMB bank manager 121years for N112m Fraud in Onitsha
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A bank manager at FCMB has been sentenced to 121 years in prison for embezzling N112 million from a customer’s fixed deposit account

Justice S. Odili at the Anambra State High Court in Onitsha, Anambra State, has delivered a verdict resulting in the conviction and sentencing of a former manager at the First City Monument Bank’s branch in Onitsha, named Nwachukwu Placidus.

He has been sentenced to a total of 121 years in prison for misappropriating fixed deposit funds totaling N112,100,000 from a customer for personal use.

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