Bankers jailed for defrauding deceased customer of N2.9m

Two bankers, Titus Chima Nwankwo and George Ifiok Utibe-Abasi, have been convicted for stealing N2.9 million from the account of a deceased customer, Godfried Francis Osso.

The convicts had forged the signature of the late Osso in order to withdraw the amount from his bank account.

Nwankwo and Utibe-Abasi were convicted by Justice Elias Abua of the Cross River State High Court sitting in Calabar, Cross River State, when they pleaded guilty to separate one-count charges bordering on forgery, conspiracy, breach of trust and stealing.

The bankers, staff of a commercial bank, names withheld, were arraigned by the Uyo Command of the Economic and Financial Crimes Commission (EFCC).

Justice Abua sentenced Utibe-Abasi to three months in prison with an option of fine of N100,000; Nwankwo bagged three months with an option of fine of N50,000.