Ex-banker jailed 10 years for theft

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A Magistrate Court in Lagos has sentenced a former bank worker, Samuel Dare Arayode, to 10 years imprisonment for stealing and forgery.

Magistrate Olumide Fusikat, convicted Arayode of the theft of N540,000 belonging to his employer and forging a Lagos State Polytechnic (LASPOTECH) Higher National Diploma (HND) certificate.

Finding him guilty of all three counts, Mrs. Fusikat sentenced Arayode to 18 months on count one for forgery, seven years on count two for stealing and 18 months for conspiracy on count three.

The court ordered the convict to refund the stolen money to the bank with interest.

It added that the sentence would run concurrently, meaning Arayode would only spend a maximum of seven years in jail.

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