Ex-Jaiz Bank Staff Sentenced over N33m fraud

A former cash officer of Jaiz Bank Plc, Samaru branch Zaria, Kaduna State, Alfa Ibrahim, has been sentenced by Justice Darius Khobo of the Kaduna State High Court, sitting in Kaduna, to four months in prison with an option of N300,000 for dishonestly diverting the sum of N33,810,000 (Thirty Three Million, Eight Hundred and Ten Thousand Naira) only belonging to the bank.

Alfa’s road to jail began when the Kaduna Zonal office of the Economic and Financial Crimes Commission, EFCC, received a petition by Jaiz Bank Plc against him.

It was alleged that Alfa converted the said sum to his personal use, which was meant to be “loaded” into the bank’s Automated Teller Machine, ATM.

One of the counts reads: “That you, Alfa Ibrahim, while being the Automated Teller Machine, ATM officer with Jaiz Bank Plc, sometime in December 2017 in Kaduna within the jurisdiction of this Honourable Court did dishonesty take the sum of N 33,810,000.00 (Thirty Three Million Eight Hundred and Ten Thousand Naira) being the property of Jaiz Bank without its consent and with the intention of permanently depriving it of the said amount and you thereby committed an offence contrary to Section 270 of the Penal Code Law Kaduna State, 2017 and punishable under Section 271 of the same Law.”

He pleaded “not guilty” to the charge against him.

At the resumed hearing today, prosecuting counsel, E.K. Garba told the court that he had filed an amended charge against the defendant based on a plea bargain agreement dated April 30, 2019.

The defendant, thereafter, pleaded “guilty” to the amended one-count charge preferred against him by the EFCC.

Garba then prayed the court to sentence him accordingly.

Counsel to the defendant pleaded with the court to temper justice with mercy as he was a first offender.

In sentencing him, Justice Khobo considered the plea bargain agreement and convicted him, accordingly.


Fakayejo Paul Adeluyi also Known as Paulchesky Darey . An Engineer || Writer || Researcher || Social Media Manager || Football Expert || Die - Hard Arsenal Fan. Yoruba Boy With Igbo Sense and Hausa Look.

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