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Ex-CBN banker admits N8b currency fraud, seeks plea bargain

One of the former commercial bank staff indicted in the N8b mutilated currency fraud, told Ibadan Court that he was prepared to negotiate a plea bargain

One of the former commercial bank staff currently standing trial in the N8 billion mutilated currency fraud, Ademola Oni, on Monday told a Federal High Court sitting in Ibadan, Oyo State that he was prepared to negotiate a plea bargain with the prosecution.

Following the development, other accused persons in the charge pleaded with the trial judge to adjourn proceedings when the plea bargain agreement would have been consummated. 

Justice Joyce Abdulmalik adjourned the matter to 28 September for cross examination and filling of plea bargain agreement.

Others charged along with Oni include :

1. Esther Afolabi, 

2. Ademola Ebenezer Adewale and,

3. Kolawole Babalola, 

4. Olaniran Muniru Adeola and,

5. Toogun Kayode Philip, all CBN staff.

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