Bank Manager Bags Four Years In Jail For N20m Fraud

Justice Ibrahim Buba of the Federal High Court, sitting in Asaba, Delta State, has convicted and sentenced a former Relationship Manager with the United Bank for Africa, UBA, Victor Onodavwerho, to four years imprisonment.

The convict was arraigned on a four-count charge bordering on money laundering. Justice Buba found him guilty of all the charges and sentenced him to one year imprisonment on each of the four counts. The sentence is to run concurrently.

Onodavwerho ran into troubles when he forged the letter-heads of Edo State Universal Basic Education Board and converted a sum of N20,000,000 belonging to the Board to build a hotel in his name.