Tunde Ajaja
A high court in Kano State on Friday
sentenced a micro-finance bank manager, Aliyu Suleiman, to 195 years in
prison for stealing N21m.
In her judgment, the presiding judge,
Dije Abdu Aboki also ordered Suleiman to refund N14,815,000 to the
owners of the bank, Albasu community, or spend five more years in
prison.
Cable reports that the Economic
and Financial Crimes Commission had arraigned Suleiman on September 30,
2014 but that he pleaded guilty to the 105 charges preferred against
him.
Meanwhile, the judge ordered that
Suleiman should serve two years on each of counts 1 to 44, while he was
also fined N300,000 for each, making N13.2m.
She also ruled that the convict would serve additional six months in prison where he defaults on any of the counts.
The report added, “From counts 45 to 74,
the convict was fined N500,000 or 12 months imprisonment on each count
while on counts 75 to 105, he is to pay a fine of N200, 000 or 12 months
imprisonment on each count with the exception of count 97 which
appeared to be duplication.The sentences will run concurrently, meaning
he will serve a maximum of two years.”
The report says Suleiman was in the
employ of a commercial bank, now defunct, before he was employed by the
community to head the bank.
“He siphoned over N21 million by forging signatures of the other signatories to the funds,” the report added.
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