7 jailed 3 months over N55.5m fraud.
An Ikeja High Court in Lagos has sentenced seven persons to three months imprisonment for defrauding a Lagos-based company, Hull Blyth Nig. Ltd, of about N55.5 million.
Justice Adeniyi Onigbanjo found the seven accused persons guilty of all the 17- count charge preferred against them by the Economic and financial Crimes Commission (EFCC).
The convicted persons are Folorunsho Francis (44), Christian Okere (47), Macdonald Ojini (38), Okafor Emmanuel (38) Kingsley Ekwuru (34) Emmanuel Adebayo (52) and Agboola Abiodun (34).
They were found guilty of obtaining money by false pretence, conspiracy to obtain money by false pretence, cheque forgery and uttering forged document.
Onigbanjo, who sentenced each of them to three months imprisonment on each of the counts, however, held that they were to serve their terms concurrently.
He also ordered the convicts to make written undertakings to be of good behaviour to the EFCC after they had pleaded for leniency and entered into a plea bargain with the anti-graft agency.
EFCC prosecutor, Mr Ben Ubi, and the defence lawyer, E.A. Jackson, had told the court that the accused persons had refunded the money they were found to have duped the company.
The principal accused person, Komolafe Olaiya, 43, had since jumped an administrative bail earlier granted him by the EFCC.
Olaiya, a former accountant with the company between July 2006 and February 2007, issued company cheques for goods that had earlier been paid for.
The cheques were issued in favour of APM Terminals Ltd, employed to clear some goods for Hull Blyth Nig. Ltd.
Months after the payments for the services had been made, Olaiya re-presented voucher for payment of the services to the company's management for approval.
He got the approval and subsequently issued five cheques in favour of APM Terminals Ltd.
The fraud was discovered after the culprits had successfully cashed the N55.5 million.
The convicts were first arraigned before the court on April 18, 2008.
An Ikeja High Court in Lagos has sentenced seven persons to three months imprisonment for defrauding a Lagos-based company, Hull Blyth Nig. Ltd, of about N55.5 million.
Justice Adeniyi Onigbanjo found the seven accused persons guilty of all the 17- count charge preferred against them by the Economic and financial Crimes Commission (EFCC).
The convicted persons are Folorunsho Francis (44), Christian Okere (47), Macdonald Ojini (38), Okafor Emmanuel (38) Kingsley Ekwuru (34) Emmanuel Adebayo (52) and Agboola Abiodun (34).
They were found guilty of obtaining money by false pretence, conspiracy to obtain money by false pretence, cheque forgery and uttering forged document.
Onigbanjo, who sentenced each of them to three months imprisonment on each of the counts, however, held that they were to serve their terms concurrently.
He also ordered the convicts to make written undertakings to be of good behaviour to the EFCC after they had pleaded for leniency and entered into a plea bargain with the anti-graft agency.
EFCC prosecutor, Mr Ben Ubi, and the defence lawyer, E.A. Jackson, had told the court that the accused persons had refunded the money they were found to have duped the company.
The principal accused person, Komolafe Olaiya, 43, had since jumped an administrative bail earlier granted him by the EFCC.
Olaiya, a former accountant with the company between July 2006 and February 2007, issued company cheques for goods that had earlier been paid for.
The cheques were issued in favour of APM Terminals Ltd, employed to clear some goods for Hull Blyth Nig. Ltd.
Months after the payments for the services had been made, Olaiya re-presented voucher for payment of the services to the company's management for approval.
He got the approval and subsequently issued five cheques in favour of APM Terminals Ltd.
The fraud was discovered after the culprits had successfully cashed the N55.5 million.
The convicts were first arraigned before the court on April 18, 2008.
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