THE CABLE
The high court in Anambra has sentenced Nwachukwu Placidus, a former First City Monument Bank (FCMB) branch manager, to 121 years imprisonment.
The ex-banker was jailed on Friday for diverting a customer’s funds estimated at over N112 million for his personal use.
The Enugu zonal command of the Economic and Financial Crimes Commission (EFCC) arraigned Placidus in March 2018 on a 16-count charge bordering on forgery, stealing and obtaining by false pretence.
He pleaded not guilty to the charges when they were read to him.
“Nwachukwu Placidus between February 2009 and November 2014 in Onitsha, Anambra State within the jurisdiction of the Anambra State High Court of Nigeria with intent to defraud obtained the sum of (N112,100,000) One Hundred and Twelve Million, One Hundred Thousand Naira only, from Idemili Microfinance Bank under the false pretence that you have placed the said money in a fixed deposit account with First City Monument Bank PLC for it, which pretence you knew to be false and you thereby committed an offence,” one of the charges read.
The EFCC presented four witnesses and tendered several relevant documents which were admitted in evidence.
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