Wonder bank pastors jailed over N32 million fraud

by Iyobosa Omoregie


Two clerics, Pastor Glory Okeoghene Abrefera and Reverend Vincent Okpogu have been convicted to seven years imprisonment each for stealing depositors’ funds amounting to N32 million.

On Wednesday, December 10, Justice F. O. Ohwo of the Delta State High Court, in Warri, carried out the sentencing of the duo.

While delivering judgment, Justice Ohwo convicted the accused persons on all of the nine-count charge preferred against them by the EFCC.

According to the judge, the convicts would serve the seven-year term at Okere Prisons in Warri, Delta State, after completing the 10 years sentence they are currently serving for illegal banking.

The Head of Media and Publicity of the Economic and Financial Crimes Commission (EFCC), Wilson Uwujaren said: “The two clergymen were nabbed after deceiving unsuspecting members of the public into investing in Mustard Seed Micro Investment Limited, a wonder bank, and defrauded them of their hard-earned money.”

The suspects, Abrefera and Okpogu were on January 7, 2013, convicted and sentenced to 10 years imprisonment by Justice I. N. Buba of the Federal High Court in Asaba on a four-count charge, for operating a wonder bank called Mustard Seed Micro Investment Limited.

According to the prosecutor, Mr. G. K. Latona, the convicts are still answering to other charges at Otor-Udu High Court for related offences.

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