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Former Bank Manager Gets 2 Years Imprisonment For N 65 million Fraud!

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Usman Salifu, a former bank manager was on Monday convicted of stealing and subsequently sentenced to two years imprisonment by Justice Dije Abdu Aboki of the Kano State High Court

The convict was alleged to have stolen the sum of N65, 000, 000 from one Yusuf Sale Dunari’s fixed deposit account domiciled at Oceanic Bank (now Ecobank) where he was a Branch Manager.
Salifu who had pleaded not guilty upon arraignment, dramatically changed his plea by admitting his guilt to all the 4 counts brought against him.
The defence counsel pleaded with the court to temper justice with mercy, saying that the convict is a first offender, and has aged parents and many dependants.
The prosecuting counsel M.M Gambo however urged the court to make orders regarding restitution in sentencing the convict.
Justice Aboki accordingly convicted the accused and sentenced him to six months imprisonment with option of N2m fine on the first count, six months with option of N500, 000 fine on counts 2 and 3 and four months imprisonment with option of N500, 000 fine on count 4. All sentences are to run concurrently.

 

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