Shocking Reason FCMB Manager Bagged 121yrs Imprisonment
A branch manager of FCMB, in Anambra State has been sentenced to prison for fraud and embezzlement.
Mr. Nwachukwu Placidus, the bank manager at First City Monument Bank FCMB, Onitsha, Anambra State, was sentenced to 121 years in prison by Justice S. Odili at the Anambra State High Court in Onitsha, Anambra State, for embezzling N112 million from a customer’s fixed deposit account.
The former manager of the First City Monument Bank branch in Onitsha was found guilty and sentenced to 121 years in prison for stealing N112,100,000 in fixed deposit money from a customer for personal use.
The honourable justices delivered the verdict that resulted in this outcome. This is tantamount to a breach of trust by the former manager which has attracted a huge jail term.
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