Court Convicts Unity Bank Plc Vault Room Manager

Must Read

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to...

List of United Bank for Africa (UBA) Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort...

List of First Bank of Nigeria Sort Codes in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort...
- Advertisement -
The Maiduguri Zonal Office of the Economic and Financial Crimes Commission, EFCC, has secured the conviction Adam kaka Adam, a former banker in Unity Bank Plc, who was today sentenced to one-year imprisonment by Justice Ibrahim Jauro of the Yobe State High Court sitting in Damaturu.

The convict was prosecuted on one count of theft to the tune of N11, 657,500.00 (Eleven Million Six Hundred and Fifty-seven Thousand Five Hundred Naira).

ADAM_KAKA_ADAM_Brandspurng Court Convicts Unity Bank Plc Vault Room Manager1

Adam, a former service manager in charge of Vault Room and Automated Teller Machine (ATM) in Unity Bank Plc. Damaturu Branch, Yobe State allegedly diverted the said sum which was meant to be fed to the ATM of the branch.

ADAM_KAKA_ADAM_Brandspurng Court Convicts Unity Bank Plc Vault Room Manager1
Adam kaka Adam

The count reads:

- Advertisement -

“That you, Adam Kaka Adam while being the Branch Service Manager with Unity Bank Plc Damaturu, Yobe State, in charge of Vault Room and Automated Teller Machine (ATM) sometimes in the year 2017 at Damaturu, Yobe State within the jurisdiction of this Honourable Court and in such capacity dishonestly took the sum of N11,657,500.00 (Eleven Million Six Hundred and Fifty-seven Thousand, Five Hundred Naira) only being the property of Unity Bank Plc without its consent and with intention of permanently depriving it of the said sum and thereby committed an offence contrary to and punishable under Sections 286(1) and 287 of the Penal Code Law, Laws of Yobe State of Nigeria respectively.”

The Convict pleaded not guilty to the charge. In the course of the trial, the prosecution called seven witnesses and tendered several exhibits to prove the case against the defendant.

Read Also:  Unity Bank Declares N1.48bn PAT in Q3 2019 Results

While delivering the Judgment today November 30, Justice Jauro found him guilty of the offence as charged.

The convict, however, pleaded for leniency and urged the court to temper justice with mercy. Counsel to the defendant, Mukhtar Ali Ahmed informed the court that Adam had previously been convicted for criminal misappropriation by Justice Isa Hamman Dashen of the Federal High Court, Damaturu.

- Advertisement -
Read Also:  Arla Foods Amba Appoints Two External Advisors To Its Board Of Directors

Justice Jauro consequently sentenced Adam to one-year imprisonment with an option of N100, 000.00 (One Hundred Thousand Naira) fine.

ADAM_KAKA_ADAM_Brandspurng Court Convicts Unity Bank Plc Vault Room Manager1

- Advertisement -
Court Convicts Unity Bank Plc Vault Room Manager - Brand SpurCourt Convicts Unity Bank Plc Vault Room Manager - Brand Spur

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Court Convicts Unity Bank Plc Vault Room Manager - Brand SpurCourt Convicts Unity Bank Plc Vault Room Manager - Brand Spur

Latest News

Establishing Twitter’s Presence in Africa, Why Ghana?

In line with its growth strategy, Twitter has announced that it is now actively building a team in Ghana. Twitter CEO...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Court Convicts Unity Bank Plc Vault Room Manager - Brand SpurCourt Convicts Unity Bank Plc Vault Room Manager - Brand Spur