Osun: Female Banker Jailed For Fraud

The Federal High Court sitting in Osogbo, Osun State, on Tuesday, sentenced one Yetunde Adewunmi, to one-year imprisonment for conspiracy, aiding and abetting fraud.

The 51-year-old was convicted by Justice Peter Lifu on an amended charge instituted against her by the Economic and Financial Crimes Commission, Ibadan zonal office.

EFCC claimed that the accused as an employee of a new generation bank in Ile-Ife forge two identity card for one Abayomi Onalaja, a suspected internet fraudster, to help him collect funds sent by his foreign victims through Western Union money transfer service.

According to a report, the female banker benefited N236,736 from the illegal deals.

The EFCC had earlier filed five counts bordering on money laundering against her, but later amended them to one count after the convict agreed to a plea bargain deal with the commission.

She pleaded guilty to the amended charge contrary to Section 27(2) of the Cybercrimes (prohibition, prevention etc) Act, 2015, and was accordingly convicted.

The prosecution counsel, Shamusuddeen Bashir, had earlier prayed the court to accept the conditions of the plea bargain, which included restitution of the proceeds of the crime, and confirmed that the EFCC had indeed received the sum.