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Female Banker Jailed 28 Years For Fraud




An ex-banker with First City Monument Bank (FCMB) Plc, Andrea Chizoba Okpalangwu has been jailed 28 years for fraud.
Justice Ibrahim Nasir Buba of a Federal High Court in Lagos on Thursday convicted Okpalangwu of stealing the bank’s N146,633.000.

She is expected to serve seven years each on a four-counts charge  filed against her by the Police Special Fraud Unit (PSFU), Ikoyi, Lagos

“The convict is hereby ordered to return to FCMB the sum of N146,633,000.00 fraudulently obtained from the bank,” Justice Buba said.

Okpalangwu was arraigned in February 2018 on a four-counts charge of conspiracy, forgery and obtaining by false pretence, in a charge marked FHC/L/241c/13.

According to Prosecution counsel Chukwu Agwu, the accused conspired with Bizmate Nigeria Ltd and members of its staff to defraud her bank of the sum.

READ ALSO: Mama  Boko Haram, Others Arraigned For Fraud Again

It was further alleged that her conspirators Zulikah Zoni Anwail, Olakunle Wakajaiye, Blessing Gbajide, Alicia Onwukah, Ose Ekiosola. Uche Okolie, Olusegun Oladlmeji, are at large.

Agwu informed the court that the bank discovered the fraud and petitioned the police.

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