Ex-Banker Alongside His Wife And Mother-In-Law Bag Jail Term In Ekiti...You Won't Believe Why

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According to a report by The PUNCH, an ex-banker, Ebenezer Alonge, together with his wife, Olamide Oyinlola, and his mother-in-law, Isakunle Eunice, have been convicted and sentenced to cumulative 60 years jail term at the Ekiti State High Court, Ado Ekiti.

The trio, before Justice Adekanye Ogunmoye,  was convicted of a 12-count charge of conspiracy and bank fraud brought against them by the Economic and Financial Crimes Commission, Ibadan Zone.

This was contained in a statement by the EFCC Head of Media and Publicity, Wilson Uwujaren, on Friday, where it was revealed that the trio conspired to steal depositors’ fund to the tune of N21 million.

“It was alleged that sometime in February 2018 the bank received a complaint concerning the financial impropriety of the sum of N62, 400.00 in respect of a customer’s account,” the statement revealed.

It continued, “According to the petitioner, on February 15, 2017, a customer lodged the said sum into her account but the transaction could not be traced in the customer’s account even after the customer presented a copy of the slip signed by Alonge.

“In the course of the investigation, the said transaction was allegedly traced to Ebenezer Alonge’s wife’s account. Further investigation, however, revealed that there was a turnover of over N21, 000,000.00 (Twenty-One Million Naira) as a deposit from other customers in his wife’s account.”

“Also, it was alleged that other sums were traced to his mother-in-law’s account, who was also a beneficiary of the fraudulent act.”

During judgment, the convicts were found guilty on all twelve count charges and sentenced to five years on each count. The cumulative sixty years prison terms will, however, run concurrently.