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Nigerian man sentenced to 2 years imprisonment for N10m Fraud(photos)

The Economic and Financial Crimes Commission, EFCC, on January 15, 2018 secured the conviction of one Chike Tony Odigbo on one count charge of obtaining money by false pretence before Justice D. Z. Senchi of the Federal Capital Territory High Court sitting in Jabi, Abuja. Arraigned on November 18, 2013, Odigbo, a former staff of Intercontinental Homes Limited allegedly collected N10million from one Ademola Oluwayemi to secure a property in the Intercontinental Homes, but converted same to personal use.

According to Oluwayemi, the money which was paid to a fix deposit account was neither acknowledged nor used for the purpose intended.
In the course of the trial, counsel to the EFCC, Gift Odibo, presented three witnesses and tendered documents which were admitted in evidence.

In his judgment, Justice Senchi, said “the prosecution has proved its case beyond any reasonable doubt”.

The judge, thereafter, convicted and sentenced Odigbo to 2years imprisonment with the option of fine of N250,000 (two hundred and fifty thousand naira).

The court also ordered the convict, who had already refunded N2million to pay the outstanding balance of N8million to the victim as compensation in accordance with Section 319 of the Administration of Criminal Justice Act, ACJA.

This post first appeared on PREMIUMPAY NIGERIA, please read the originial post: here

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Nigerian man sentenced to 2 years imprisonment for N10m Fraud(photos)


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