Appeal Court Jails GTBank Staff For Using Customer's Details To Take Loan
https://osazuwaakonedo.video/appeal-court-jails-gtbank-staff-for-using-customers-details-to-take-loan/08/05/2025/
#Law #EFCC #Enugu #GTBank #VeryDarkMan ©May 8th, 2025 ®May 8, 2025 3:54 pm Three man panel of Justices at the Federal Court of Appeal in Enugu State have upheld the decision of the lower High Court that had earlier sentenced a staff of Guaranty Trust Bank, GTBank, Onyekachi Nwosu to seven years imprisonment in line with the enacted Nigeria law of Failed Banks or Recovery of Debts and Financial Malpractices Act which the Convict fraudulently used the property of one Mrs Adebimpe Foluke to apply and disburse ₦50 million loan into the savings account of GTBank customer and withdrew ₦40 million of the money from the beneficial savings account for his personal use, this is coming at a critical period many Nigerians are doubting the credibility and integrity of GTBank management after a popular Human Rights activist, Martins Vincent Otse aka VeryDarkMan was arrested last Friday at the exist gate of GTbank branch in Abuja by the Economic and Financial Crimes Commission, EFCC when the activist went with his mother to seek clarification over apparent unauthorized constant savings withdrawals as loan repayments from his mother savings asset with the bank, with the activist mother saying, she never took loan from the bank, and EFCC arresting and releasing VeryDarkMan after almost five days in detention without specifically stating the alleged offence or offences committed by the activist may have created room for some level of insinuations in certain quarters that sees GTBank management as people probably using the state security assets to commit act of criminal intimidation and oppression of complainers to cover up the Bank suspected loan fraud and financial malpractices. #OsazuwaAkonedo
https://osazuwaakonedo.video/appeal-court-jails-gtbank-staff-for-using-customers-details-to-take-loan/08/05/2025/
#Law #EFCC #Enugu #GTBank #VeryDarkMan ©May 8th, 2025 ®May 8, 2025 3:54 pm Three man panel of Justices at the Federal Court of Appeal in Enugu State have upheld the decision of the lower High Court that had earlier sentenced a staff of Guaranty Trust Bank, GTBank, Onyekachi Nwosu to seven years imprisonment in line with the enacted Nigeria law of Failed Banks or Recovery of Debts and Financial Malpractices Act which the Convict fraudulently used the property of one Mrs Adebimpe Foluke to apply and disburse ₦50 million loan into the savings account of GTBank customer and withdrew ₦40 million of the money from the beneficial savings account for his personal use, this is coming at a critical period many Nigerians are doubting the credibility and integrity of GTBank management after a popular Human Rights activist, Martins Vincent Otse aka VeryDarkMan was arrested last Friday at the exist gate of GTbank branch in Abuja by the Economic and Financial Crimes Commission, EFCC when the activist went with his mother to seek clarification over apparent unauthorized constant savings withdrawals as loan repayments from his mother savings asset with the bank, with the activist mother saying, she never took loan from the bank, and EFCC arresting and releasing VeryDarkMan after almost five days in detention without specifically stating the alleged offence or offences committed by the activist may have created room for some level of insinuations in certain quarters that sees GTBank management as people probably using the state security assets to commit act of criminal intimidation and oppression of complainers to cover up the Bank suspected loan fraud and financial malpractices. #OsazuwaAkonedo
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00:00Three-man panel of justices at the Federal Court of Appeal in Anugu State have upheld the decision of the lower high court that had earlier sentenced a staff of Guaranty Trust Bank, GT Bank, Onyekichi Inwosu to seven years imprisonment in line with the enacted Nigerian Law of Failed Banks or Recovery of Debts and Financial Malpractices Act which the convict fraudulently used the property of one Mrs. Adabimpe Foluke to apply and disperse 50 million nairas.
00:30loan into the savings account of GT Bank customer and withdrew 40 million nairas of the money from the beneficial savings account for his personal use. This is coming at a critical period many Nigerians are doubting the credibility and integrity of GT Bank management after a popular human rights activist, Martins Vincent Ots a.k. Avery Darkman was arrested last Friday at the Exist Gate of GT Bank branch in Abuja by the economic and financial crisis.
01:00Times Commission, EFCC when the activist went with his mother to seek clarification over apparent unauthorized constant savings withdrawals as loan repayments from his mother's savings asset with the bank, with the activist mother saying, she never took loan from the bank.
01:16And EFCC arresting and releasing very darkman after almost five days in detention without specifically stating the alleged offense or offenses committed by the activist may have created room for some level of insinuations in certain quarters that sees GT Bank management as people probably using the state security assets to commit act of criminal intimidation and oppression of complainers to cover up the bank suspected loan fraud and financial malpractices.
01:43According to EFCC news release made available about an hour ago, the Enugu division of the court of appeal has upheld the conviction and seven years prison sentence of one Onyekichi Enwosu, a former employee of Guaranty Trust Bank for his commission of over 50 million nairas, 50 million naira loan fraud.
02:04Inwosu was prosecuted by the Enugu 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 pretense to the tune of 50 million nairas and was convicted and sentenced by Justice R.O.
02:22Dugbo Oghokori of Federal High Court, sitting in Independence Layout, Enugu on January 14, 2021.
02:29The convict, who was an account officer of one Anyaso Shindu, owner of Floxy Aluminum Odeoful Products Limited, used a forged document titled, An Application to Mortgage, Consent to Mortgage and Tripartite Legal Mortgage, to deceive GTB into believing that one Mrs. Adabimpe Foluke pledged her property as collateral for the said loan to Floxy Aluminum Odeoful Products Limited.
02:54Investigations revealed that he benefited 40 million nairas from the fraudulent act by directly withdrawing it from the account of Floxy Aluminum Odeoful Products Limited.
03:05In the course of his trial, Prosecution Counsel, Assistant Commander of the EFCC, ACE2 Main Force Sadaqa Eku called four witnesses and tended 16 exhibits which were admitted in evidence as, Exhibit EFCC 1-16.
03:20At the end of the trial, Justice Oghokori held that the EFCC proved its case beyond reasonable doubt and convicted and sentenced in Wosu accordingly.
03:30Dissatisfied with the judgment, the convict approached the appeal court, praying it to set aside the judgment of the trial court, while Eku, the Prosecution Counsel prayed the court to uphold the judgment of the High Court and dismiss the appeal on the grounds that, the prosecution proved its case beyond reasonable doubt.
03:49The court of appeal set aside the convictions from the trial court on counts 1-8 but upheld that on count 9.
03:57Count 9 of the charge reads,
03:59That you, Onyekichi in Wosu, sometime in September, 2010 in Enugu within the jurisdiction of the Federal High Court of Nigeria, while being an officer of Guarantee Trust Bank and being connected with the grant of loan, knowingly processed and facilitated the grant loan of 50 million naira, 50 million nairas .00, to Floxy Aluminum Odeoful Products Limited, received the sum of 40 million naira, 40 million nairas .00.
04:29As personal gratification, out of the said loan after it was granted, thereby committed an offence contrary to Section 15.1.e. and punishable under Section 16.1.a. of the failed banks, recovery of debts, and financial malpractices in Banks Act Cap.
04:47F2 Laws of the Federation of Nigeria, in a unanimous judgment of a three-member panel of the appeal court, delivered by Justice Zainab Babe Abu Bakar, the court of appeal held that, the evidence of the first prosecution witness, PW1 corroborated the confession of the appellant that he collected 40 million nairas from the loan sum of 50 million nairas granted to the third respondent, Floxy Aluminum Odeoful Products Limited.
05:14The appellant has admitted that he collected 40 million nairas from the loan sum, which has proved the last ingredient of the offence against the appellant.
05:23Consequently, the conviction of the appellant on this count 9 of the charge by the trial court was in order, in my humble view, the court said.
05:32It would be recalled that we had reported that the Nigeria Anti-Corruption Police, Economic and Financial Crimes Commission, EFCC may have failed to state the alleged crime or crimes committed by a human rights activist, Martins Vincentos aka Varie Darkman since five days.
05:51Over 120 hours the anti-corruption police arrested him in Abuja when he went with his mother to GT Bank to get clarification from the bank over constant apparent unauthorized withdrawals affected by the bank on the woman's savings account.
06:07Although Varie Darkman was arrested alongside his friend, Stephen of Uwara aka CPAC but according to the statement issued by the activist lawyers legal chamber, Deji Adianju and partners, Stephen of Uwara was released shortly after he was arrested on Friday, with the chamber insisting that as it on Tuesday, EFCC have not been able to state the crime or crimes their claimed.
06:30Varie Darkman committed, rather, as it on Monday, four operatives of the EFCC engaged the human rights activist in hours-long questions that borders on why he allegedly monetized his social media pages, his public comments about a gospel musician, his tax records and his source of income, this, apparently authenticated the BBC report that the EFCC confirmed to it that Varie Darkman was arrested and detained for cyber-talking,
07:00a BBC report which EFCC swiftly launched media war against the British media, tagging the BBC report as a fake news, and in retaliation, the BBC pigeon replied EFCC with a post that its report is correct.
07:15And undoubtedly, the crime of cyber-talking may not be the duty of the EFCC as such is apparently the constitutional responsibility of the Nigeria police force,
07:25and if true that the human rights activist was detained for cyber-talking, it shows that the country-ruling political party, the All Progressive Congress, APC may have questions to answer,
07:36the APC had earlier issued threat message to the human rights activist after the activist called the Nigeria Senate President,
07:45God's Will Akpabio out over the Senate President travelling to Rome in Italy to attend Pope Francis' burial,
07:51while almost daily killings and unabated high level of insecurity are observed in several states in the West Africa country,
07:59and furthermore, EFCC in a statement on Tuesday, only issued an apparent vague statement that he received series of petitions against the activist
08:08as a way to try to justify why the human rights activist was arrested and detained,
08:13but, the Anti-Corruption Commission probably could not make any reasonable allegation against the human rights defender
08:21even when the commission confirmed in the statement that it has been investigating the allegations filed against Veri Darkman
08:27before the activist was arrested in a commando-like style at the exit gate of GT Bank.
08:33We have reported that there is apparent tension in Nigeria over the arrest of a popular human rights activist,
08:40Martins Vincent Dots aka Veri Darkman or VDM who was allegedly seized by Nigeria security operatives
08:47in a manner that have kept many wondering, suspecting acts of oppression and intimidation based on threats
08:54issued by the ruling political party, All Progressive Congress, APC against the human rights activist,
09:00after the activist condemned the Nigeria Senate President, Godzwill Akpabio,
09:05for traveling to Vatican in Italy to attend Pope Francis' burial ceremony,
09:10while, he said, the Senate President has failed to visit states where almost daily burial ceremonies are often held,
09:17in some states like Plato, Benu, Quara, Enugu and Ogun states where gunmen,
09:23bandits are killing the Senate President fellow citizens in large numbers unabated in recent time in Nigeria.
09:30And angered by the talks, the APC South-South Zonal Organizing Secretary,
09:36blessing Agbom here issued seven days ultimatum to Veri Darkman to apologize to the Senate President
09:42who led five-man federal government delegation to Rome to attend the late Catholic head funeral ceremony,
09:48but immediately, Veri Darkman in a video issued the public apology to the victims of insecurity
09:54in the West Africa country, and in the video, he further accused and condemned the Senate President
10:00and other Nigeria leaders for being in sensitivity to their institutional responsibilities of protecting lives,
10:07saying, insecurity, killing hundreds of people often in Nigeria is as a result of leadership failure
10:14on the part of the Senate President and members of the Bola Ahmed Tanubu-led government,
10:19and surprisingly, Deji Adi Anju, the lawyer to the activist,
10:23said that Veri Darkman was arrested at Guarantee Trust Bank, GTB in Abuja on Friday in a more dehumanizing manner,
10:30and after he was trapped at the exit door at the GTB premises for five minutes,
10:35some security operatives came and cover his face with a black cloth before he was led away,
10:41and for more than 48 hours, Nigeria Authority is yet to issue statement over the arrest of the human rights activist
10:48who had on Friday went with her mother to the GTB bank to get clarification over the unauthorized withdrawals
10:56constantly done on his mother savings account, after the activist suspected that someone may have used
11:01his mother national identification number, NIN, to take loan from the GTB bank.