“You Exploited Access Bank System Glitch To Steal N48.9m” — Court Jails Ex-Lagos Education Director Faleti For 2 Years, 5 Months

Former Staff of Lagos State Ministry of Education, Jailed Two Years for N48.9m Theft - Security News Alert

Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, on Monday, January 5, 2026, convicted and sentenced one Olawale Solomon Faleti, a former employee of the Lagos State Ministry of Education, to two years and five months imprisonment for N48,992,271.73 ( Forty Eight Million,  Nine Hundred and Ninety Two Thousand, Two Hundred […] The post Former Staff of Lagos State Ministry of Education, Jailed Two Years for N48.9m Theft…

Court jails man two years for N48.9m theft

Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, on Monday, January 5, 2026, convicted and sentenced one Olawale Solomon Faleti, a former employee of the Lagos State Ministry of Education, to two years and five months imprisonment for N48,992,271.73 ( Forty Eight Million, Nine Hundred and Ninety Two Thousand, Two Hundred […]

“You Exploited Access Bank System Glitch To Steal N48.9m” — Court Jails Ex-Lagos Education Director Faleti For 2 Years, 5 Months

An Ikeja Special Offences and Domestic Violence Court on Monday sentenced a former Lagos State Education Director, Olawale Faleti, to two years and five months’ imprisonment for stealing N48.9 million from Access Bank. Justice Rahman Oshodi convicted Faleti, 64, on five counts of stealing, after finding him guilty of charges brought by the Economic and Financial Crimes Commission (EFCC). Delivering judgment, Oshodi held that Faleti’s actions wer…