BREAKING: TAJ Bank Staff Janet Theophilus Danjuma Sentenced To Five Years For N22.35 Million Fraud
An employee of TAJ Bank Limited, Janet Theophilus Danjuma, has been sentenced to five years in a correctional centre without an option of a fine for defrauding a customer of N22.35 million.
Justice S. M. Shuaibu of the Federal High Court in Kano delivered the verdict following Danjuma’s arraignment by the Economic and Financial Crimes Commission (EFCC). The Kano Zonal Directorate of the anti-graft agency had charged her on February 16, 2026, with obtaining money by false pretence.
According to the EFCC, Danjuma, who worked at the bank’s Nai’bawa Branch, convinced her victim, Wade Bamaiyi, to invest in the bank’s CASA Program. She allegedly converted the funds for personal use, violating Section 1(1)(b) of the Advance Fee Fraud and Other Fraud Related Offenses Act 2006.
The defendant pleaded guilty when the charge was read to her. Prosecuting counsel Sadiq Huseini presented the facts of the case, highlighting how Danjuma exploited the name of a legitimate financial product to deceive her victim.
Justice Shuaibu subsequently convicted and sentenced her to five years’ imprisonment, underscoring the court’s commitment to tackling financial crimes in Nigeria.
