Banker to Spend 39 Years in Prison for Stealing from the Dead

For stealing from a dead customer, a banker, Olawale Garuba, is to spend 39 years in jail.

The banker, who was convicted Thursday by a Lagos High Court, was found guilty by Justice Oluwatoyin Ipaye, for conspiring with six others to steal N30m from bank account of a late customer.

The court found the convict guilty on 13 of the 18 counts, and sentenced him to three years imprisonment on each count. The sentences are to run concurrently from the date of his first detention, which is July 24, 2015. He is to spend only three years in the prison.

The fraud was uncovered by the bank when it was discovered that some of their employees, including the convict had connived with proxies to steal from a dormant account of one of the bank’s customers.

The Economic and Financial Crimes Commission was called in and the suspects handed over to the agency.

At first, the suspects pleaded not guilty to 18 counts of fraud, when they were first arraigned.

They were refused bail by Justice Ipaye and were remanded in prison custody.

However, on June 2, 2016, the convict changed his plea from ‘not guilty’ to ‘guilty’. He was immediately convicted.

Counsel representing the convict, Olanrewaju Ajanaku, pleaded with the court to tamper justice with mercy in sentencing his client. He told the court that his client was a remorseful first time offender with a young wife and two little children.

But the prosecution counsel, Abba Mohammed, urged the court to consider the three-way traffic while tampering justice with mercy. That is the interests of the court, the victim and the convict.

The trial Judge after listening to both sides noted that the convict allowed his greed to overcome him and risk losing the job that thousands of job seekers were craving for.

She found the convict guilty on 13 of the 18 counts, and sentenced him accordingly.


Author: News Editor

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