An Enugu State High Court on Tuesday convicted and sentenced a former Branch Manager of the Sterling Bank Plc, Market Road, Enugu, Mr Anidiobi Chukwuka, to eight years’ imprisonment for stealing and fraud.
The trial judge, Justice Cyprian Ajah, convicted Chukwuma of all the 32 counts levelled against him by the Economic and Financial Crimes Commission.
The bank manager was arraigned before the court for stealing and converting to personal use the sum of N219m belonging customers of Ohha Microfinance Bank Limited, Enugu, kept in a fixed deposit account with Sterling Bank Plc, its corresponding bank.
Counsel for the microfinance bank, Mr Olu Omotayo, who briefed journalists shortly after the judgement, said Chukwuka committed the offence between August 15, 2014 and November 16, 2017.
Omotayo disclosed that his client first reported the case to the EFCC in a petition in
January 2018, adding that the Enugu zonal office of the agency investigated the
He told our correspondent that his client, Ohha Microfinance Bank, also in 2018 instituted a civil action against Sterling Bank Plc before Justice Chinyere Ani, of the High Court of Enugu State, praying for N600m damages for breach of contract and misappropriation of the N219m.