Stella Dimoko Ex-Bank Manager Jailed 18 Years For Using Customers N219 Million To Build Houses And Invest In Ponzi


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Wednesday, November 03, 2021

Ex-Bank Manager Jailed 18 Years For Using Customers N219 Million To Build Houses And Invest In Ponzi

The Economic and Financial Crimes Commission (EFCC) on Tuesday secured the conviction of Oliver Anidiobi, a former manager with Sterling Bank.

He was the Account Relationship Officer of OHHA Microfinance Bank.

Justice C. O. Ajah of the Enugu State High Court in Enugu sentenced him after a 32-count charge prosecution which bordered on forgery and stealing to the tune of N219million.

The defendant, arraigned on Tuesday May, 7, 2019, used his position to convince the Microfinance Bank to deposit the said sum through him.

He put the money in a fixed deposit account and forged a deposit certificate to deceive the microfinance bank, while he diverted the funds for personal use.

Anidiobi built a block of 5 flats, acquired several plots of land along the Enugu-Port Harcourt Expressway, an uncompleted four bedroom bungalow at Centenary Estate, Enugu.

He further made an investment of N65million in a Ponzi Scheme called “Let’s Partner with You” owned by one Patrick Nwokike.

Prosecution counsel Michael Ani, presented 5 witnesses and tendered 75 exhibits while the defendant testified for himself.

Justice Ajah held that Anidiobi did not deny nor challenge the allegations made by the EFCC.

“Any evidence not challenged is admitted as true. I am duty bound to establish the evidence presented by the prosecution. The evidence is strong and compelling to grant conviction”, he said.

The judge sentenced Oliver Anidiobi to 4 years imprisonment on counts 1-14 without an option of fine; 4 years on counts 15-17 and 8 years on counts 28-32 without an option of fine. The sentences are to run concurrently.

The court further ruled that an estate valuer is to evaluate Anidiobi’s properties at his village, Centenary City and Premier Layout, New Artisan, Enugu.

This will help determine their value so that they can be sold and the proceeds paid in restitution to OHHA Microfinance Bank.

from dailypost 


  1. See where desperation for money has led this one to

  2. Building our country Nigeria to be a better country starts from me and you,

  3. See greedy thief, on top another person money

  4. Oh my goodness.

    What is bad is bad....You don't go faster than you is wrong when you are not contented most especially when you work with financial institutions.

    Enjoy ur new home and wish you a safe trip to heaven provided you didn't make it out

  5. he is actually smiling🤔

  6. Brother onye oshi.. Most bankers are thieves who either steal directly or connive with scammers to steal from customers.

  7. The love (pursuit) of money is the root of all evils

  8. God's masterpiece3 November 2021 at 09:01

    Some one know very well also did this ,he converted the money in their bank for an investment gone wrong.
    He just completed his 5 Year imprisonment last year December.
    He was also a bank manager and he was living the biggest boy life acquiring properties and buying big cars and then you wonder how much he was earning to afford such a luxury lifestyle.

    Greed and lack of contentment!!

    1. Same as someone I know too. He was a bank manager around alaba international.. he doesn’t sleep at home coz people he is owing keeps coming to disturb his peace n that of the estate.. from BDC people to other people who he used their money in his possession for a deal gone wrong.. baba has been running away from home... he sneaks in once in a while to come sleep at home about 1am and then as early as 4am he’s out of d house o.. the man is now a shadow of himself.. he’s family runs gen 247 like say nothing Dey happen o... once nepa takes light dem don run go on gen... seeing the wife now , one can tell d whole burden of d house is in her.

  9. That’s how one supposed account officer was stealing money from my account back then cos I was outside the country at the time.He stole up to 800k and was sending me fake statement of account cos I didn’t have online banking.when I found out,he and the branch manager tarted begging me not to take it up and I listened.I only got 400k back from and forgave him but I heard he did it to someone else after me and went to jail.A lot of them are crooks

    1. You must have a soft heart, but by listening and agreeing to such begging, you actually become a party to their future crimes.

  10. Can you imagine? He is even smiling.

  11. The Love of Money, is the root of all evil believe it or not.

  12. 😳😳😳😳😳 Jesus Christ this is wonderful


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