A Chief Magistrate in Oyo State, Mutiat Adio, has been sentenced to imprisonment having been found guilty of stealing the sum of N22,375,913 from a commercial bank contrary to section 390(11) of Criminal Code, Cap.38, Law of Oyo State.
The charge was brought before her by the Economic and Financial Crimes Commission (EFCC), Ibadan zonal office.
The convict, who is former Deputy Chief Registrar of the State High Court, was found guilty of one count charge of stealing.
Mutiat Adio was said to have abused her office as the secretary of a Cooperative Society of the Oyo State Judicial Officers by inflating the amount approved for loan facilities granted her members by the bank.
She was accused of converting the difference to personal use. The convict was said to be the facilitator of the loan totalling about N90 million.
Adio pleaded not guilty to the offence during her first arraignment on April 25, 2017. The prosecution, led by Dr Ben Ubi, called five witnesses while she called two.
After listening to arguments from the parties, Justice Olagunju declared her guilty of the offence and sentenced her to five years in prison without an option of fine. She was also ordered to refund the sum of N20, 935, 000 to the bank.
Mutiat Adio, was also on May 18, 2018, sentenced to seven years’ imprisonment for obtaining under false pretences, a sum of N9.2 million from one Abiodun Olonade, a Nigerian resident in Ireland.