Court Sentences Ex-Bankers to Prison for Diverting ₦10.3 Million from Pensioners’ Accounts in Enugu An Enugu State High Court has sentenced former bank officials, Sani Endurance Aferokhe and Hillary Odo, to prison for diverting over ₦10.3 million from customer accounts, mainly belonging to pensioners. Convicted by Justice A.O. Onovo after prosecution by the EFCC, the duo reactivated accounts without consent and stole funds for personal gain. Hillary Odo received five-year jail terms on two counts, while Sani Endurance Aferokhe was sentenced to multiple terms totaling over 60 years, with fines applicable per count. The case underscores ongoing efforts to combat financial crimes in Nigeria’s banking sector. #EnuguNews #EFCC #BankFraud #FinancialCrime #PensionTheft

The Nigeria Police Force has declared businessman Elusoji Oluwasegun Roland wanted over an alleged ₦1.2 billion fraud involving luxury cars and real estate. According to the Special Fraud Unit (SFU), Lagos, Roland obtained ₦232 million for a 2024 Mercedes Benz GLE 63S, ₦525 million for one mansion, and another ₦450 million for a second property. The offences, committed in the United States in November 2023, are linked to conspiracy, obtaining money under false pretence, and stealing. A Federal High Court in Lagos has issued a warrant for his arrest. Roland, described as a Yoruba man in his 40s, dark-complexioned, 5ft 2in tall, with distinctive features including thick lips, rounded chin, and a large forehead, was last traced to Conroe, Texas, USA. #FraudAlert #NigeriaPolice #FinancialCrime

EFCC Re-Arraigns Jos Cooperative Executives Over Alleged ₦178M Fraud The Economic and Financial Crimes Commission (EFCC) has re-arraigned top executives of a Jos-based cooperative society for allegedly defrauding members of a staggering ₦178 million. The suspects, brought before the Federal High Court in Jos, face multiple charges bordering on conspiracy, criminal breach of trust, and misappropriation of funds. According to the EFCC, the accused diverted funds meant for cooperative members’ welfare into personal accounts. The trial continues as calls grow louder for justice and financial accountability. #EFCC #JosFraudCase #N178MillionFraud #FinancialCrime