Ex-Fidelity Bank staff jailed for fraud

Fidelity-bank

A former staff of Fidelity Bank Plc, Ihionu Chibuike, on Thursday bagged six years imprisonment for fraud.

Justice Lateef Akapo of an Ikeja High Court sentenced him to jail after pleading guilty to the four-count charge of stealing, obtaining money by false pretence, forgery and impersonation.

The charge was brought against him by the Economic and Financial Crimes Commission, EFCC.

PREMIUM TIMES reports that the convict had in 2013 opened a savings account number 6052039264 in the name of a certain Chimezie Ifekwe with relevant document as instructed by the bank.

The victim, Mr. Ifekwe, reportedly transferred money into the Fidelity account purportedly opened for him.

According to Nigerian Tribune newspaper, a part of the charge reads: “Ihionu Chibuike sometime in February, 2013 within the Ikeja judicial division, stole and fraudulently converted to your own personal use the sum of N4.8 million, property of Mrs. Chibuzo Nwakwu.

“Ihionu Chibuike sometimes in the month of February, 2013 at Ikeja, within the Ikeja Judicial Division stole and fraudulently converted to own personal use the sum ofN200.000.00 (Two Hundred Thousand Naira) property of Chimezie Ifekwe.

“Ihionu Chibuike, sometime in February, 2013 within the Ikeja Judicial Division and in order to facilitate the commission of the offence of stealing forged the account opening documents of Fidelity Bank Plc purporting same to be that of Chimezie Ifekwe, the account holder.

“Ihionu Chibuike, sometime in February, 2013 within the Ikeja judicial division and in order to facilitate the commission of the offence of stealing forged instruction letter of Fidelity Bank Plc and gave same to Chimezie Ifekwe purporting same to have emanated from Fidelity Bank Plc.”

Delivering his judgment, Mr. Akapo declared that the former Fidelity Bank staff should spend one year each on the first and second count, two years on the third, and two on the fourth. The judge also ordered that upon completing his jail term, Mr. Chibuike should refund N1,451,592, being the outstanding balance, to the victim.

He however ruled that Mr. Chibuike’s two years jail term should run concurrently from the day of the sentence.

The convict has so far refunded N3,498,408 of the stolen sum.


DOWNLOAD THE PREMIUM TIMES MOBILE APP

Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD:DIABETES Is CURABLE! Don't Let It Threaten You! To NORMALIZE Your Blood Sugar In 21Days For Life, Click Here!!!.


All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.


  • Julius

    Poor dude, though I think he got what he deserve but, he should have stole Billions, in that case all the SANS will be defending him and he will never go to jail.