Rabiu Dawaki, a former employee of Union Bank Plc, has been sentenced to 17 years in prison for conspiracy and criminal breach of trust by a Kano State High Court.
Dawaki, who was the Head of Operations, Bello Road Cash Center of Union Bank Plc, Kano was also ordered to restitute N93,232,500 stolen from the bank.
The convict and two other accused persons – Abdullahi Rano and Samuel Obende (now deceased) were all former employees of Union Bank in charge of receiving, processing, and distributing money to all the bank’s cash centres across Kano, Katsina, and Jigawa States.
According to the Economic and Financial Crimes Commission (EFCC), the trio betrayed the trust of their employers and conspired among themselves to defraud the bank, by altering figures to show that they made cash deliveries to designated branches whereas the monies were never delivered.
Consequently, they were arraigned on February 26, 2015 before Justice Dije Aboki on 28 counts of conspiracy and criminal breach of trust.
They all pleaded not guilty to the charges and their trial begun in 2015. The two accused persons were however removed from the charge after their demise.
EFCC spokesman, Wilson Uwujaren said in a statement that Justice Aboki, in her judgment, found Dawaki guilty of seven counts of the charge and convicted him accordingly but acquitted him on 21 other counts.