• Latest
  • Trending
  • All
Popular Bank's Senior Staff Jailed For 40 Years Over Theft

Popular Bank’s Senior Staff Jailed For 40 Years Over Theft

January 26, 2026
National Police Day 2026 Celebrations Unveiled in Lagos 

National Police Day 2026 Celebrations Unveiled in Lagos 

March 27, 2026
FirstBank Powers SMEConnect

FirstBank to Equip SMEs with AI-Driven Growth Strategies at SMEConnect Webinar

March 26, 2026

Purposeful Leadership, Intra-Party Stability Key to Democratic Success – Haske

March 25, 2026
Kennedy Okwudili as an Executive Director of the bank effective May 1, 2026. The appointment, which is consistent

Zenith Bank Elevates Kennedy Okwudili to Executive Director

March 25, 2026
Lagos Police Arrest Notorious Exotic Car Vandal Syndicate, Recover Exhibits

Lagos Police Arrest Notorious Exotic Car Vandal Syndicate, Recover Exhibits

March 25, 2026
Now I Know Why Primate Ayodele Is Always Heavily Criticized

Now I Know Why Primate Ayodele Is Always Heavily Criticized

March 18, 2026
Women Entrepreneurs Applaud Ecobank’s Ellevate Initiative

Women Entrepreneurs Applaud Ecobank’s Ellevate Initiative for Driving Business Growth

March 18, 2026
PSC Committee Chairman, Lakanu Visits Lagos Command to Assess Recruitment Exercise, Commends CP

PSC Committee Chairman, Lakanu Visits Lagos Command to Assess Recruitment Exercise, Commends CP

March 17, 2026
NBA Faults Abuja Judge For Ordering Sowore’s Lawyer to Kneel down in Court

NBA Faults Abuja Judge For Ordering Sowore’s Lawyer to Kneel In Court 

March 17, 2026
FG Declares Public Holidays for Eid-ul-Fitr 2026

FG Declares Public Holidays for 2026 Eid-ul-Fitr

March 17, 2026
Odu’a Investment Expands Financial Services Portfolio with 10% Stake in FCMB Pensions

Odu’a Investment Expands Portfolio with 10% Stake in FCMB Pensions

March 17, 2026
Zenith Bank Expands Global Footprint With Manchester Office

Zenith Bank Extends Global Footprint With New Manchester Office 

March 16, 2026
Sanwo-Olu Revives Environmental Sanitation in Lagos After 9 Years, Begins in April

Sanwo-Olu Revives Environmental Sanitation in Lagos After 9 Years, Begins in April

March 14, 2026

OPINION: Expertise Vs Politics: The Rejection of Professor Datonye Dennis Alasia by Rivers Lawmakers

March 14, 2026
Global Crackdown Tightens as UN Security Council Revises Sanctions on 22 Taliban Officials

Global Crackdown Tightens as UN Security Council Revises Sanctions on 22 Taliban Officials

March 14, 2026
CRC Mobile App

Redesigned CRC Mobile App to Enhance Digital Financial Services – Popoola

March 14, 2026
Sunday, March 29, 2026
  • Login
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
No Result
View All Result
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
Home Crime/General

Popular Bank’s Senior Staff Jailed For 40 Years Over Theft

by TheConscience NG
January 26, 2026
in Crime/General, Trending
0
Popular Bank's Senior Staff Jailed For 40 Years Over Theft
Share on FacebookShare on Twitter
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share

Popular Bank's Senior Staff Jailed For 40 Years Over Theft

Popular Bank’s Senior Staff Jailed For 40 Years Over Theft

The Anti-Corruption Division of the High Court in Freetown has sentenced the Head of Operations at the United Bank of Africa (UBA), Fredrick Caulker, to a total of forty (40) years’ imprisonment for corruption-related offences involving the misappropriation of public funds.

Delivering judgment at the Main Law Courts Building, Court of Appeal Judge, Justice Aiah Simeon Allieu, found Caulker guilty on four counts of misappropriation of public funds, contrary to Section 36(1) of the Anti-Corruption Act No. 12 of 2008, as amended by the Anti-Corruption Act No. 9 of 2019.

The offences related to PAYE and withholding tax payments made by the Small Holder Commercialization Agri-Business Development Project (SCADeP) to the National Revenue Authority.

READ MORE:  Lagos FTZ Customs Pledges Improved Trade Facilitation, EoDB at Free Zones

According to the prosecution, the accused, of No. 38A Taylor Street, Wellington, Freetown, abused his position as Head of Operations at UBA by diverting tax payments intended for the NRA into accounts other than the designated NRA accounts, on various dates and in various sums.

Popular Bank's Senior Staff Jailed For 40 Years Over Theft

During the trial, the prosecution called eight witnesses, including a banker from Commerce Mortgage Bank.
Prosecution Witness Two (PW2), a former subordinate of the accused at UBA, testified that in November 2023 he processed several financial transactions on the instruction of Caulker.

He told the court that some of the funds, including amounts of Le. 293,749.80, Le. 169,134.29, Le. 1,291,623.50, and Le. 255,725.81, were originally meant to be paid into NRA accounts but were instead redirected to other accounts following instructions from the accused.

READ MORE:  NERC Urges Discos to Develop Framework For Effective Regulation

Tony Elumelu Foundation Seeks Africans for its 2021 TEF Entrepreneurship Programme Application

Prosecuting Witness 2 further stated that in one instance, Caulker claimed to have received a call indicating that an initial transfer was a mistake and subsequently instructed that the funds be paid into a different account, providing specific account details.

On count five, which alleged conspiracy to commit a corruption offence, Justice Allieu held that the prosecution failed to establish the essential elements of conspiracy. The accused was therefore acquitted and discharged on that count.
However, on counts one to four, the court found Caulker guilty and sentenced him to ten (10) years’ imprisonment on each count.

The judge ordered that the sentences run consecutively, resulting in a cumulative sentence of forty (40) years.
In addition to the custodial sentence, the court ordered the convict to pay Le. 1,980,233.40 into the Consolidated Revenue Fund.

READ MORE:  Labour Pickets Steel Ministry Building Over Workers’ Welfare

The amount is to be paid within ninety (90) days from the date of the judgmen
Anti-Corruption Division of the High Court in Freetown has sentenced the Head of Operations at the United Bank of Africa (UBA), Fredrick Caulker, to a total of forty (40) years’ imprisonment for corruption-related offences involving the misappropriation of public funds.

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • Share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading...

Related

ShareTweet
Previous Post

IGP Egbetokun Commissions Historic Lagos Police Band, Says New Unit Will Deepen Force Goodwill

Next Post

Fidelity Bank’s FHHP Boosts Learning, Hygiene For Makoko Pupils

TheConscience NG

TheConscience NG

Related Posts

National Police Day 2026 Celebrations Unveiled in Lagos 
News

National Police Day 2026 Celebrations Unveiled in Lagos 

by TheConscience NG
March 27, 2026
FirstBank Powers SMEConnect
News

FirstBank to Equip SMEs with AI-Driven Growth Strategies at SMEConnect Webinar

by TheConscience NG
March 26, 2026
Politics

Purposeful Leadership, Intra-Party Stability Key to Democratic Success – Haske

by TheConscience NG
March 25, 2026
Kennedy Okwudili as an Executive Director of the bank effective May 1, 2026. The appointment, which is consistent
Business

Zenith Bank Elevates Kennedy Okwudili to Executive Director

by TheConscience NG
March 25, 2026
Lagos Police Arrest Notorious Exotic Car Vandal Syndicate, Recover Exhibits
Crime/General

Lagos Police Arrest Notorious Exotic Car Vandal Syndicate, Recover Exhibits

by TheConscience NG
March 25, 2026
Now I Know Why Primate Ayodele Is Always Heavily Criticized
Thoughts

Now I Know Why Primate Ayodele Is Always Heavily Criticized

by TheConscience NG
March 18, 2026
Next Post
Fidelity Bank's FHHP Boosts Learning, Hygiene For Makoko Pupils

Fidelity Bank's FHHP Boosts Learning, Hygiene For Makoko Pupils

No Result
View All Result

Recent Posts

  • National Police Day 2026 Celebrations Unveiled in Lagos 
  • FirstBank to Equip SMEs with AI-Driven Growth Strategies at SMEConnect Webinar
  • Purposeful Leadership, Intra-Party Stability Key to Democratic Success – Haske
  • Zenith Bank Elevates Kennedy Okwudili to Executive Director
  • Lagos Police Arrest Notorious Exotic Car Vandal Syndicate, Recover Exhibits

Get the latest news on the go!

Enter your email address

© 2025 TheConscience NG

TheConscience NG

  • About
  • Contact Us
  • Privacy-Policy
  • Terms and Conditions
  • TheConscienceNg.com | Breaking & Verified Nigerian News on the go!

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
X
Subject:
Message:
Ajax loader
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech

© 2025 TheConscience NG

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Share with friends
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share
%d