Man chooses 1-year imprisonment instead of refunding ₦1.5billion mistakenly paid into his account

• A Nigerian man, Ogo Ehosa Kingsley, has long past viral after allegedly picking a one-365 days penal advanced term over refunding the final balance of ₦1.5 billion mistakenly credited to his First Monetary institution story
• The topic modified into taken up by the Financial and Monetary Crimes Commission (EFCC), which arraigned Kingsley on January 19, 2026, on charges bordering on theft and fraud.

A Nigerian man has sparked current reactions on-line after reportedly picking to relief a one-365 days penal advanced term as an different of refund ₦1.5 billion mistakenly credited to his First Monetary institution story.

The incident modified into shared on X (previously Twitter) by user @arhermadd, who identified the man as Ogo Ehosa Kingsley. In accordance with the put up, Kingsley allegedly diverted the funds for non-public command after the faux credit hit his story between June and November 2025.

The topic modified into taken up by the Financial and Monetary Crimes Commission (EFCC), which arraigned Kingsley on January 19, 2026, on charges bordering on theft and fraud. He reportedly pleaded guilty to the costs.

Following his plea, the court docket ordered Kingsley to refund the outstanding sum of ₦272,252,193.59 to First Monetary institution. Ahead of the judgment, the EFCC had already recovered ₦802.42 million from Kingsley’s accounts and those linked to his kinfolk, while a further ₦300 million modified into retrieved by switch reversals.

In a model that panicked many observers, Kingsley reportedly chose to relief a one-365 days penal advanced sentence as an different of refunding the final balance.

Learn tweet beneath….

A First Monetary institution buyer, Ojo Eghosa Kingsley, turned obsessed with a essential controversy after the bank mistakenly credited his story with ₦1.5 billion..

He modified into arrested by the Financial and Monetary Crimes Commission (EFCC) in Benin Metropolis, and on 19 January 2026, he modified into arraigned outdated to the Edo Reveal Excessive Court docket. Kingsley modified into charged with theft and fraud beneath the Edo Reveal Legal Regulation (2022).

Ahead of the judgment, the EFCC had recovered ₦802,420,000 from Kingsley’s story, in addition to from the accounts of his mother and sister, while the bank efficiently reversed transactions totaling over ₦300 million.

In a dramatic turn of events, Kingsley told the court docket that he most stylish serving a penal advanced sentence to refunding the final quantity.In manufacture, he overtly chose incarceration over the repayment of ₦272 million.

Peer beneath….