A 58-year old self-acclaimed pastor, Abel Olukayode, is to spend
four and half years in jail for stealing N984,450 from Wema Bank Plc.
The convict stood trial on a three-count charge bordering on
stealing.
An Igbosere Magistrate, Mrs A. T. Omoyele, sentenced Olukayode
without an option of fine after finding him guilty of the offences.
Delivering her judgment, Omoyele said the convict was guilty as
charged, and accordingly sentenced him to six months imprisonment on the first
count and two years each for the count two and three.
She, however, said that the jail term would run concurrently.
The convict, a resident of 26, Sadiku Ayinla St., Odo-kekere in
Ikorodu was arraigned on November 22, 2012.
Olukayode who was 52 years old when he was arraigned, had
pleaded not guilty to the charges and was granted bail.
The Prosecutor, Sgt. Cyriacus Osuji, had told the court that
Olukayode committed the offences between March 5 and March 6, 2012 through
mobile banking App on his phone.
He said “Olukayode with the aid of his mobile phone with sim no.
08034456771, stole the sum of N22,550, through his Wema Bank account, property
of Wema Bank plc.
“The convict at the same time and place with the aid of his
mobile banking transferred the sum of N701,900, from Wema Bank to his GTB Bank
account.
“Olukayode also transferred another amount, N260,000 to his
First Bank account, property of Wema Bank plc”.
The prosecutor was able to establish to the court that between
March 4 and March 6, 2012, the bank system malfunctioned.
He said the convict who had only N300 in his account at that
time, took advantage of the situation to steal the said amount.
The
offences contravened Section 285 of the Criminal Law of Lagos State, 2011.

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