Justice S. N. Odili of the Anambra State High Court sitting in Onitsha, Anambra State handed down the sentence.
Browsing: First City Monument Bank
Balogun died on May 19 in London at the age of 89.
The defendant, who works with First City Monument Bank, was arraigned by the EFCC on June 1, 2022.
The suspect, who fled after the fraud, was attached to the E-Settlement Unit of the Bank, Akoka branch, Lagos State.
The four banks include First City Monument Bank Plc, Standard Chartered Bank Ngeria, Suntrust Bank Nigeria Ltd, and Wema Bank Plc.
The Economic and Financial Crimes Commission called its first witness.
Adam Nuru was made to proceed on leave as the FCMB MD to allow for an investigation into an alleged sex and paternity scandal involving a former female employee of the bank.
Before now, family members and friends had spoken on behalf of Moyo, who has since relocated to the United States of America
This was contained in a statement signed by the FCMB management and obtained by the News Agency of Nigeria via the bank’s Twitter handle.
Unfortunately, morals are not laws because of their imposing characteristics that offend justice. The court of fairness passed the judgment long before now on morality – it is repugnant to natural justice, equity, and good conscience – they are un-practicable and un-enforceable in fairness! If the court is to be presiding over what is immoral, then the judiciary is gone. Morals are subjective/objective.
Recall that it came on the heels of the death of Moyo’s estranged husband, Tunde Thomas, who reportedly died of depression about two weeks ago after Moyo reportedly told him some months ago that their two kids were fathered by Nuru
Moyo’s response, authored by her family, however, did not state the involvement of her former boss in FCMB in the saga.
The petition alleged that the MD was responsible for the demise of Tunde Thomas, whose wife, Moyo, allegedly bore her boss two kids.
The fake DSS operative obtained N1.5 million from the Bank Director with a promise to help him out of his problems with the secret police.
In a statement by IFC on Thursday made available to the News Agency of Nigeria in Lagos, the loan was made through IFC’s COVID-19 fast-track financing support package to sustain businesses disrupted by the pandemic.
The theme of the seminar is: “Nigerian Business Environment in the Year 2020: Implications for Advertising Agencies.”
The award was presented at the 8th edition of the New Age Banking Summit, which held at the Lagos Continental Hotel, Victoria Island, Lagos State.
The highly revered national daily said Banks have been encouraging travellers to open and fund dollar accounts, which aside having no spending limits, provide them the flexibility to spend at all times
An attack on the FCMB branch in the area about three years ago left no fewer than 14 persons dead, with millions of Naira and foreign currencies carted away
Okunnu issued the bench warrants following their failure to produce documents in the ongoing trial of Okey Nwosu, a former Managing Director of the defunct FinBank Plc