CRIME

Ex-Banker Nwosu Bags 18 Years Imprisonment for Fraud

Published

9 months ago

February 27, 2020

ABN TV EDITOR

Onyekachi Nwosu

A former Relationship Manager with Guaranty Trust Bank Plc, GTB in Enugu, Onyekachi Nwosu was on Thursday, February 27, 2020 convicted and sentenced to Eighteen (18) years imprisonment by Justice D.V. Agishi of Federal High Court, Enugu on a six (6) amended count charge bordering on forgery, altering and giving a loan with defective collateral brought against him by the Enugu Zonal office of the Economic and Financial Crimes Commission, EFCC.

Justice Agishi, in her judgement, ruled that the prosecution team led by Mashal Umukoro Onome Esq. proved their case beyond reasonable doubt and that the convict had failed to extricate himself from the self evidenced proofs before the court.

According to a release signed by the Acting Head, Media and Publicity of the Commission, Tony Orilade and made available to ABN TV, the EFCC, in the course of trial, called eight witnesses and tendered several exhibits to prove their case.

The convict was found guilty on all six count charge and sentenced accordingly. On count one and two, he was sentenced to five; while he is to serve two years each on counts three, four, five and six. The cumulative eighteen years prison terms will, however, run concurrently.

Investigation by EFCC revealed several professional misconduct by Nwosu who took undue advantage of his position as a Senior Bank Supervisor and account officer to forge a document titled LETTER of SET-OFF which he used to illegally grant a loan of N34,900,000 (Thirty Four Million,Nine Hundred Thousand Naira) to a customer and his company from several fixed deposits of other customers without their knowledge nor consent.

He was also discovered to have altered several account documents of his friend whom he illegally granted loan as to enhance his Visa application to United Kingdom.

DISCLAIMER

For publication of your news content, articles, videos or any other news worthy materials, please send to

For Advert and other info, you can call or send a WhatsApp Message to

Related Topics:Economic and Financial Crimes Commission EFCC EnuguEx-Banker Nwosu Bags 18 Years Imprisonment for FraudGTBGuaranty Trust Bank PlcOnyekachi Nwosu

Up Next

Troops nab female bandit dancing with AK-47 rifle

Don't Miss

EFCC Kicks Against Iwu’s Move to Transfer Trial in N1.2b Fraud Case to Abuja

ABN TV EDITOR

Appear Within 42 Days, Court Orders Tinubu Over Alpha Beta

SERAP Writes Buhari, Seeks Trial Of High-Profile Corruption Cases, Details Of Missing Files
DSS, Police, IPOB Give Conflicting Casualty Figures In Enugu Bloody Clash