N8bn CBN currency scam: Ex banker bags twelve years jail term | Welcome to Linda Ikeji's Blog

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Friday, 7 October 2016

N8bn CBN currency scam: Ex banker bags twelve years jail term

Ademola Oni (pictured), a former banker with the Wema Bank, has been convicted and sentenced to twelve years imprisonment for conspiracy and money laundering. Delivering the judgement, Justice Joyce Abudmalik of the Federal High Court, sitting in Ibadan, Oyo State, on Thursday, 6th October, ruled that he forfeits all his properties and cash in various banks as proceeds of the crime.


Oni was arraigned by the EFCC alongside six former officials of the CBN and fifteen others from different Commercial banks in an alleged case of conspiracy and money laundering. The bankers allegedly conspired to steal and conceal mutilated and defaced local currency amounting to eight billion naira (N8bn) from the Central Bank of Nigeria.

 Ademola, who was the 4th defendant in the matter, opted for a plea bargain agreement with the prosecuting counsel and pleaded guilty to 5 of the 24 amended count charges brought against him. Justice Abudmalik convicted him and sentenced him to two and half years on each of the five counts accordingly. The sentences are to run concurrently
at 10/07/2016 10:50:00 am

23 comments:

  1. Unknown7 October 2016 at 10:51

    Serves him right. Linda take note!

    ReplyDelete
  2. NaijaDeltaBabe7 October 2016 at 10:51

    Chai!


    ...merited happiness

    ReplyDelete
  3. Unknown7 October 2016 at 10:52

    Hehehe. Good for him. International Week Predictions! Get your amazing soccer prediction tips for Friday & Saturday 7th & 8th October  2016 @ www.fortunatusblog.com  

    ReplyDelete
  4. Angry Nigerian!7 October 2016 at 10:53

    what about those politicians and Patience jonathan embezzling huge amount of money!!! Are they going to Prison or Nah!!!!!!!!!!!! Nigeria wake up!!!! NO ONE IS ABOVE THE LAW!! Im tired of seeing mere citizen bagging jails for same offence even lower! the politicans are doing but given bail!!!!

    ReplyDelete
  5. Unknown7 October 2016 at 10:56

    Good for him...#Karma

    ReplyDelete
  6. Unknown7 October 2016 at 10:59

    Enjoy ur 12yrs

    ReplyDelete
  7. Anonymous7 October 2016 at 11:04

    Linda if each of d sentences r to run concurrently then he's spending two nd half years o

    ReplyDelete
  8. Mr B7 October 2016 at 11:04

    It is easier to convict the masses on any crimes but when it comes to our big robbers called themselves politicians, the case will drag on till the masses loose interest on it.GOD dey.

    ReplyDelete
  9. Anonymous7 October 2016 at 11:05

    If the sentences run concurrently how is it 12 years? He will only be in jail for 21/2 years.... This Linda doesn't know book

    ReplyDelete
  10. Anonymous7 October 2016 at 11:09

    See wetin money dey cause o

    ReplyDelete
  11. Chizzy Liz7 October 2016 at 11:15

    ***************************oooyanu *****ndi unu ga atunwu jail na******all of proffesional thieves wey call demselves politicians dey waka freely oooooo !!!!!!!!! Ndi ara

    ReplyDelete
  12. Chizzy Liz7 October 2016 at 11:15

    ***************************oooyanu *****ndi unu ga atunwu jail na******all of proffesional thieves wey call demselves politicians dey waka freely oooooo !!!!!!!!! Ndi ara

    ReplyDelete
  13. Unknown7 October 2016 at 11:23

    TOO BAD







    AUNTY LINDA 👩

    ReplyDelete
  14. visionary7 October 2016 at 11:25

    That's what happens when greed takes over...oga enjoy the jail term.

    ReplyDelete
  15. Eddy Ogbunambala 7 October 2016 at 11:44

    Good for him

    ReplyDelete
  16. Unknown7 October 2016 at 11:50

    Have fun there, man.

    ReplyDelete
  17. Unknown7 October 2016 at 12:01

    ghen ghen
    -D great anonymous now as Vivian Reginalds

    ReplyDelete
  18. Unknown7 October 2016 at 12:02

    Hmmmmmmmmmm Good for. Him,stealing is not good

    ReplyDelete
  19. Anonymous7 October 2016 at 12:42

    Thank God He is not an Igbo man.

    ReplyDelete
  20. Anonymous7 October 2016 at 13:45

    If the sentences are running concurrently then he is only serving 2.5 years.

    ReplyDelete
  21. OSINANL7 October 2016 at 14:39

    ADEMOLA ENJOY YOUR NEW HOME

    ReplyDelete
  22. Unknown7 October 2016 at 16:17

    Go enjoy ur 12yrs if u with peace

    ReplyDelete
  23. Anonymous8 October 2016 at 10:54

    Your leaders are stealings billions of dollars not naira and no one up till this date has been jailed for even a month.... And u all r crucifying him immediately.. Stupid people wit no brains.. .. If una get opportunity, una no go do same??

    ReplyDelete

Disclaimer: Opinions expressed in comments are those of the comment writers alone and does not reflect or represent the views of Linda Ikeji.

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