Arayode, a former employee of the Sterling Bank, was sentenced to ten years in prison

Samuel Dare Arayode, a former Sterling Bank employee, was sentenced to ten years in prison by a Tinubu Magistrate’s Court in Lagos Island, Lagos.

He was sentenced for stealing N540, 000 from his employer and for falsifying a Lagos State polytechnic Higher National Diploma Certificate with which he was hired by the bank.

The convict, a resident of the Ajah area of Lagos State, was found guilty and imprisoned by Magistrate Fusikat Olamide after she found him guilty of three counts of stealing and forgery brought against him by the police at the Maroko Division, Lekki, Lagos during a seven-year trial.

According to police, the convict’s journey to prison began in 2014 when his employer audited his account books and discovered that the convict had converted the money customers entrusted in his care to lodge in their accounts to his personal use rather than remitting the money into the bank’s account.

Further investigation by the bank’s management revealed that the Lagos State polytechnic Higher Nation Diploma Certificate he used in his security job with the bank was a forgery.

Arayode was arrested and charged with three counts in front of the court.
The crimes, according to Police Counsel Mr Ben Ekundayo, are punishable under sections 409, 285 (7), and 363 (1) of the Lagos State Criminal Law, 2015.

Arayode was granted bail after pleading not guilty to the charges.

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Magistrate Olumide found the defendant guilty of all three counts and sentenced him to 18 months in count one for forgery, seven years in count two for theft, and 18 months in count three for stealing.

The convict must repay the stolen money to the bank with interest, and the sentence must run concurrently, according to Olumide.

Arayode was arrested and charged with three counts in front of the court.
The crimes, according to Police Counsel Mr Ben Ekundayo, are punishable under sections 409, 285 (7), and 363 (1) of the Lagos State Criminal Law, 2015.

Arayode was granted bail after pleading not guilty to the charges.

Magistrate Olumide found the defendant guilty of all three counts and sentenced him to 18 months in count one for forgery, seven years in count two for theft, and 18 months in count three for stealing.

The convict must repay the stolen money to the bank with interest, and the sentence must run concurrently, according to Olumide