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Ex-FCMB manager bags 121-year jail term for stealing customer’s N112m

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A former manager with a branch of First City Monument Bank, FCMB in Onitsha, Anambra State, Nwachukwu Placidus, has been sentenced to a cumulative 121 years imprisonment for stealing N112 million belonging to a customer.

 

Placidus was arrested following a petition by Idemili Microfinance Bank LTD to the Economic and Financial Crimes Commission, EFCC.

 

The management of the Microfinance back said the sum of N112 million was handed over to him as the branch manager of FCMB in Onitsha, for fixed deposit.

However, the petitioner said when the FCMB was approached to terminate and withdraw the deposit, the bank denied receiving the said funds.

 

“Upon receipt of the petition, the EFCC swung into action and investigations revealed that the convict diverted the money for his own use and issued a fake fixed Deposit Certificate to the petitioner,” Dele Oyewale, spokesperson for the EFCC said in a statement.

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Consequently, Placidus was arraigned on Tuesday, March 27, 2018 on 16-count charges bordering on forgery, stealing, obtaining by false pretence and uttering, by the Enugu Zonal Command of the Economic and Financial Crimes Commission, EFCC.

 

One of the counts reads: “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”.

He pleaded not guilty to the charges when they were read to him, thus setting the stage for his trial.

 

In the course of trial, the EFCC, through its counsel, Mainforce Adaka Ekwu presented four witnesses and tendered several relevant documents which were admitted in evidence.

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While delivering his judgment, Justice S. N. Odili of the Anambra State High Court sitting in Onitsha, Anambra State, held that “the prosecution proved its case beyond reasonable doubt” and sentenced the convict to nine years imprisonment on count 3, 4 years on count 4 and 9 years on counts 5 to 16 respectively. He was discharged on counts 1 and 2. The sentences shall run concurrently.

The court further ordered the convict to restitute the said sum to his victim, Idemili Microfinance Bank.

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Gunmen attack church in Ekiti, kill pastor, abduct worshippers

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Some yet-to-be-identified gunmen have attacked a Christ Apostolic Church in Eda Oniyo Ekiti, Ilejemeje Local Government Area of Ekiti State, killing a pastor and abducting an unspecified number of worshippers.


According to reports, the attack, which occurred during a church programme on Tuesday night, has thrown the community into panic, with residents expressing fears over rising insecurity in the area.


Sources in the community said the assailants, who were armed and arrived in numbers, stormed the church located on the outskirts of the town, shot the pastor dead and whisked away several worshippers into a nearby forest.


Sources, who spoke on condition of anonymity, said efforts were ongoing to determine the exact number of abducted victims.


“The invaders were many. They killed the pastor and took away some worshippers. We cannot say the number yet. Moves to collate those who are missing have begun. The community is in a panic mode for now,” the source said.

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The Police Public Relations Officer in Ekiti state, Sunday Abutu, who confirmed the incident, said the Commissioner of Police, Michael Falade, has ordered a thorough investigation and a manhunt for the perpetrators.


“The Police in collaboration with the Nigerian Army, the Amotekun Corps, the Agro Marshal, the Vigilantes and the local hunters have commenced an aggressive bush combing operations and a serious manhunt on the perpetrators in order to ensure the rescue of the victims and the arrest and prosecution of the culprits,” Abutu said.


He added that the police were working to ensure the safe rescue of the victims and the arrest of those responsible.



“The commissioner of Police calls for calm as necessary steps are currently being taken to salvage the situation and forestall recurrence.


“Members of the public are charged to be security conscious, vigilant and promptly report any suspicious person or group of persons found within their environments to the police and other security agencies for necessary proactive actions,” he added.

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Abutu also advised religious leaders to notify the police before organising late-night gatherings to enable adequate security arrangements.


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Couple beats adopted daughter to death in Lagos

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The Igando community in Lagos state  has been thrown into deep mourning following the death of a 10-year-old girl, who was allegedly beaten to death by her adopted parents, Paul Onyeama and Adline Ogbonna.

According to reports, the incident occurred on Sunday, following weeks of alleged abuse.

The couple, who lived on Jemesi Papa Street, reportedly subjected the minor to persistent maltreatment, including frequent assaults and sending her on strenuous errands despite her young age.

The girl, identified as Faith, was said to have fallen ill for about two weeks, but the alleged abuse reportedly continued unabated.

A resident of the area, said the situation escalated on Sunday when the husband and wife were said to have severely beaten the ailing child, leading to her death.

He said, “The couple had adopted a 10-year-old girl. They had been consistently maltreating and assaulting the child, while also sending her on unnecessary errands.

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“I was informed that the girl had been sick for about two weeks, yet the abuse continued. Yesterday, both the husband and wife allegedly beat the child severely despite her condition, and sadly, she died.”

It was gathered that the suspects later rushed the victim to a hospital, where she was confirmed dead on arrival.

Youths in the area, who were reportedly angered by the development, apprehended the woman.

The husband had allegedly left home earlier to procure a tricycle to dispose of the girl’s corpse, was also held by the youths.

“The moment the girl died, they kept her corpse in the room and acted as though nothing had happened. The wife even came out this morning to cook in the kitchen like nothing had happened.

“It was residents who had been observing what was going on that raised the alarm about the whereabouts of the girl before they discovered that she had died. If they had succeeded in disposing of the body, no one would have known her whereabouts,” a resident said.

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Police operatives were thereafter deployed to the scene, leading to the arrest of the couple and the recovery of the child’s body.

“Our preliminary findings revealed that the child was already dead before she was brought to the medical facility. The case will be transferred to the State Criminal Investigation Department, Panti, for further investigation,” a source said.

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EFCC arrests Cameroonian businessman for alleged ₦1.5bn bank fraud in Lagos

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Operatives of the Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission (EFCC), Ikoyi, Lagos, have arrested a Cameroonian businessman, Bekono Eric, for allegedly defrauding a first-generation bank of about N1.5bn.

A statement by Dele Oyewale, the Commission’s spokesperson, described the 47-year-old suspect as a member of a suspected trans-border syndicate that allegedly specialises in credit card fraud.

He was arrested on Thursday, April 23, 2026, in the Ikorodu area of Lagos.

According to the EFCC, investigations revealed that members of the suspected syndicate allegedly open bank accounts in Nigeria, obtain Automated Teller Machine (ATM) cards and PINs, and then move to neighbouring countries where they allegedly used the cards to carry out fraudulent transactions on accounts belonging to customers with high balances.

The suspect will be charged in court as soon as investigations are concluded.

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