After finding him guilty, a judge sentenced the banker to 195 years in jail as well as many other fines.
A total of 105 charges was brought against him by the Economic Financial Crimes Commission (EFCC), all of which he denied at first arraignment.
The suspect who used to work at the defunct Oceanic Bank was first arraigned in court on September 30, 2014.
Despite pleading not guilty, Justice Dije Abdu Aboki sentenced him to "two years on the first 44 counts of the 105-count charge and a fine of N300, 000 on each", according to SaharaReporters.
In the event that he fails to pay the fine, the judge ordered that the accused serve additional six months in prison on each count.
For other counts, 45 to 74, Suleiman was slammed with a fine of N500,000 or 12-month imprisonment on each count.
Counts 75 to 105 will fetch him a fine of N200, 000 or face a 12-month imprisonment on each count apart from 97.
Finally, he was ordered to pay a sum of N14.8million as restitution to Albasu community or spend five more years in prison for breach of trust.