Anti-corruption and elections / EFCC

Appeal Court Upholds Ex-banker’s Seven Years Jail Term in Enugu

The Enugu Division of the Court of Appeal has upheld the conviction and seven years prison sentence of one Onyekachi Nwosu, a former employee of Guaranty Trust Bank for his commission of over N50million (Fifty Million Naira) loan fraud. Nwosu was prosecuted by the Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC on a nine-count charge, bordering on forgery and obtaining by false pretence to the tune of N50million and was convicted and sentenced by Justice R. O. Dugbo Oghoghorie of Federal High Court, sitting in Independence Layout, Enugu on January 14, 2021. The co…