Banker jailed for two and a half years for stealing old naira notes
In Ibadan, a former banker, Ademola Oni, has been sentenced to 12 years for conspiracy and money laundering.
He was sentenced by Justice Joyce Abudmalik of the Federal High Court, sitting in Ibadan, Oyo State.
The judge also ruled that the former WEMA Bank staff forfeits all his properties and cash in various banks as proceeds of the crime.
Ademola was arraigned by the EFCC alongside six former officials of the CBN and fifteen others from other banks.
The bankers allegedly conspired to steal and conceal mutilated and defaced local currency amounting to N8bn from the Central Bank of Nigeria.
Ademola however, opted for a plea bargain agreement with the prosecuting counsel.
Justice Abudmalik convicted him and sentenced him to two and half years on each of the five counts accordingly. The sentences are to run concurrently.
