.jpg)
AN Ikeja High Court, Lagos Wednesday sentenced two fraudsters to nine years imprisonment each, for defrauding Guaranty Trust Bank of $27, 000 (N4. 32 million.
The convicts, namely, Adekunle Adetowubo and Olugbenga Adetayo were jailed by Justice Adeniyi Onigbanjo after they pleaded guilty to a three-count charge of conspiracy and stealing preferred against them by the Economic and Financial Crimes Commission (EFCC).
The duo had earlier pleaded not guilty to the charge during their arraignment on June 14, 2011 and were remanded at Ikoyi Prison, Lagos.
But Wednesday, they changed their pleas prompting their conviction and subsequent sentence.
In his verdict, Justice Onigbanjo sentenced the convicts to three years imprisonment on each count, which is to run concurrently beginning from June 14, 2011.
According to the judge, the convicts had shown remorse for their actions and had repaid about $7,000 as restitution to the bank during the period of their incarceration.
Onigbanjo further directed them to repay the balance of $20, 000 within a year of their release from prison custody, upon the completion of their sentences.
The EFCC counsel, Mr. Kayode Oni, had during their arraignment said the accused persons committed the offences on May 13, 2010 at Apapa, Lagos.
Oni said they had conspired with one Uche (now at large) to steal the amount from Apapa branch of Guaranty Trust Bank through an account number 204170869210.
The offences, he said contravened Sections 390 and 516 of the Criminal Code Laws of Lagos State of Nigeria 2003.
- Guardian
The convicts, namely, Adekunle Adetowubo and Olugbenga Adetayo were jailed by Justice Adeniyi Onigbanjo after they pleaded guilty to a three-count charge of conspiracy and stealing preferred against them by the Economic and Financial Crimes Commission (EFCC).
The duo had earlier pleaded not guilty to the charge during their arraignment on June 14, 2011 and were remanded at Ikoyi Prison, Lagos.
But Wednesday, they changed their pleas prompting their conviction and subsequent sentence.
In his verdict, Justice Onigbanjo sentenced the convicts to three years imprisonment on each count, which is to run concurrently beginning from June 14, 2011.
According to the judge, the convicts had shown remorse for their actions and had repaid about $7,000 as restitution to the bank during the period of their incarceration.
Onigbanjo further directed them to repay the balance of $20, 000 within a year of their release from prison custody, upon the completion of their sentences.
The EFCC counsel, Mr. Kayode Oni, had during their arraignment said the accused persons committed the offences on May 13, 2010 at Apapa, Lagos.
Oni said they had conspired with one Uche (now at large) to steal the amount from Apapa branch of Guaranty Trust Bank through an account number 204170869210.
The offences, he said contravened Sections 390 and 516 of the Criminal Code Laws of Lagos State of Nigeria 2003.
- Guardian
loading...
Post A Comment:
0 comments:
We’re eager to see your comment. However, Please keep in mind that all comments are moderated according to our Comment Policy and all the links are nofollow. Using keywords in the name field area is forbidden.
Comment Using Either Disqus or Default Comment Mode.