GTbank Staff Sentenced To 18 Years Imprisonment For Fraud

Former relationship manager with Guaranty Trust Bank Plc, GTB in Enugu, Onyekachi Nwosu has been sentenced to 18 years imprisonment for fraud and giving out dubious loans, using the deposits of bank customers as collateral.

Onyekachi was found guilty of all the six counts slammed against him by the Economic and Financial Crimes Commission.

The presiding judge, Justice Agishi, in her judgment, ruled that the prosecution team led by Mashal Umukoro Onome Esq. proved its case beyond reasonable doubt and that the convict had failed to extricate himself from the evidence before the court.

EFCC, in the course of the trial, called eight witnesses and displayed several exhibits evidence.

The EFCC also revealed several professional misconduct by Nwosu who took undue advantage of his position as a Senior Bank Supervisor and account officer to forge a document titled LETTER of SET-OFF which he used to illegally grant a loan of N34,900,000 to a customer and his company from several fixed deposits of other customers without their knowledge or consent.