Ex-bank worker jailed six years, to restitute N11 million to former employer


A former employee of the Ayete Microfinance Bank Limited in Oyo State, Sunday Fadayomi, was on Friday, November 29, 2019, sentenced to six years in prison without an option of fine for stealing a total of sum of N11 million from the bank while working there.

Justice Mohammed Owolabi of the Oyo State High Court pronounced Mr Fadayomi guilty in all the 30 counts of a criminal charge filed against him by the Economic and Financial Crimes Commission (EFCC).

The convict is an information system expert in charge of the bank’s information technology section, the position he held for about 10 years before his criminal exploits were blown open.

The bank, in a petition dated April 17, 2018. had accused him of sundry criminal activities including posting money to customers’ accounts without…



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