Court Jails Man Three Years for ₦8.56bn Bank Fraud in Lagos.
A Lagos Special Offences Court sitting in Ikeja has sentenced one Samuel Ihechukwu Asiegbu to three years’ imprisonment for his involvement in an ₦8.56 billion fraud scheme linked to one of Nigeria’s first-generation banks.
Justice Rahman Oshodi delivered the judgment on Wednesday, November 5, 2025, convicting Asiegbu after he pleaded guilty to a four-count charge bordering on conspiracy, stealing, and unauthorized access to a computer system with intent to commit fraud, contrary to Sections 409 and 386 of the Lagos State Criminal Law, 2011.
The Economic and Financial Crimes Commission (EFCC) had arraigned Asiegbu alongside several others on June 23, 2025.
While all defendants initially pleaded not guilty, Asiegbu later changed his plea, leading to his conviction and sentencing.
Justice Oshodi sentenced the defendant to 10 months and 8 days’ imprisonment on count three and 1 year and 8 months on count four, both without an option of fine. The sentences are to run concurrently, effectively amounting to three years in total. Consequently, counts one and two were struck out.
The court adjourned the case to November 14, 2025, for further proceedings against the remaining defendants.
A Lagos Special Offences Court sitting in Ikeja has sentenced one Samuel Ihechukwu Asiegbu to three years’ imprisonment for his involvement in an ₦8.56 billion fraud scheme linked to one of Nigeria’s first-generation banks.
Justice Rahman Oshodi delivered the judgment on Wednesday, November 5, 2025, convicting Asiegbu after he pleaded guilty to a four-count charge bordering on conspiracy, stealing, and unauthorized access to a computer system with intent to commit fraud, contrary to Sections 409 and 386 of the Lagos State Criminal Law, 2011.
The Economic and Financial Crimes Commission (EFCC) had arraigned Asiegbu alongside several others on June 23, 2025.
While all defendants initially pleaded not guilty, Asiegbu later changed his plea, leading to his conviction and sentencing.
Justice Oshodi sentenced the defendant to 10 months and 8 days’ imprisonment on count three and 1 year and 8 months on count four, both without an option of fine. The sentences are to run concurrently, effectively amounting to three years in total. Consequently, counts one and two were struck out.
The court adjourned the case to November 14, 2025, for further proceedings against the remaining defendants.
Court Jails Man Three Years for ₦8.56bn Bank Fraud in Lagos.
A Lagos Special Offences Court sitting in Ikeja has sentenced one Samuel Ihechukwu Asiegbu to three years’ imprisonment for his involvement in an ₦8.56 billion fraud scheme linked to one of Nigeria’s first-generation banks.
Justice Rahman Oshodi delivered the judgment on Wednesday, November 5, 2025, convicting Asiegbu after he pleaded guilty to a four-count charge bordering on conspiracy, stealing, and unauthorized access to a computer system with intent to commit fraud, contrary to Sections 409 and 386 of the Lagos State Criminal Law, 2011.
The Economic and Financial Crimes Commission (EFCC) had arraigned Asiegbu alongside several others on June 23, 2025.
While all defendants initially pleaded not guilty, Asiegbu later changed his plea, leading to his conviction and sentencing.
Justice Oshodi sentenced the defendant to 10 months and 8 days’ imprisonment on count three and 1 year and 8 months on count four, both without an option of fine. The sentences are to run concurrently, effectively amounting to three years in total. Consequently, counts one and two were struck out.
The court adjourned the case to November 14, 2025, for further proceedings against the remaining defendants.
0 التعليقات
·0 المشاركات
·462 مشاهدة
