Categories: Nigeria News

Former FCMB staff jailed for N2 million theft

A former staff of First City Monument Bank (FCMB), Felix David Diete, has been sentenced to four years imprisonment, for stealing N2 million from customers of the bank.

Justice Jane Inyang of the Federal High Court sitting in Yenagoa, Bayelsa State, in his judgment said the defendant is guilty of the three-count charge pressed against him, noting that the prosecution proved its case beyond reasonable doubt on count one.

The convict was arraigned in January, 2017 on a three-count charge bordering on stealing, contrary to Section 383 and punishable under 390 (6) (b) (8) and 9 of Criminal code CAP C- 38 of the revised edition (Laws of the Federation of Nigeria) 2007 read along with Section 1(1)(d) of the Failed Bank(Recovery of Debts) and Financial Malpractices in Bank Act CAP B3 of the revised edition (Laws of the Federal Republic of Nigeria) 2007.

Diete was jailed on Monday, January 11, 2021 after four years of diligent prosecution by the Port Harcourt zonal office of The Economic and Financial Crimes Commission, EFCC.

Diete’s journey to the Correctional Centre started sometimes on September, 2, 2016, when three customers of First Monument City Bank (F.C.M.B) complained that they gave the convict the sum of N6 million to deposit into their accounts.

Diete deposited N4 million and made away with N2million.

Sunny Green Itodo

Recent Posts

Benue: Gov Alia speaks on paying ₦40,000 minimum wage

The Benue State Government has dismissed rumors of plans to pay state civil servants a…

2 hours ago

Guinea’s Junta leader, Mamady Doumbouya elevates himself to Army General

Guinea's junta leader, Mamady Doumbouya, has elevated himself to the rank of army general as…

6 hours ago

Full list of what Tinubu achieved in October

The media team of President Bola Ahmed Tinubu has unveiled the administration's scorecard for October,…

6 hours ago

Food insecurity crisis: UN predicts 7 million more hungry Nigerians by August 2025

The United Nations (U.N.) has projected that an additional 7 million Nigerians will face hunger…

14 hours ago

Latest update on fuel price hike, fuel scarcity for November 2nd, 2024

As Nigerians express their frustrations over the recent fuel price hikes by the Nigerian National…

14 hours ago

Electricity restored in Yobe, Borno States as TCN completes transmission line repairs

The Transmission Company of Nigeria (TCN) has announced the full restoration of electricity supply to…

14 hours ago