Man bags 2 years for N71m fraud

The Special Offences Court in Ikeja, Lagos has sentenced a man involved in a N71 million oil fraud to two years imprisonment.

Justice Mojisola Dada on Wednesday convicted and sentenced Awojobi Ganiu to two years imprisonment from the date of arraignment. She ordered that the property, which the convict acquired with the proceeds of crime be transferred to the nominal complainant, Oluwatoyin Akinwole.

A statement by the spokesman of the Economic and Financial Crimes Commission (EFCC) Lagos Zonal office, said the convict was arraigned alongside his co-defendant, Adesanya Olufemi Paul, on December 11, 2018, on a four-count charge bordering on stealing and obtaining money by false pretence to the tune of N71, 000,000 from the complainant, Oluwatoyin Akinwole.

Akinwole alleged that sometime in 2017, the defendants who claimed to be into crude oil business, approached her to join them in the business.

She also alleged that she paid the defendants some amounts of money for the supply of crude oil but that the defendants neither repaid her nor supplied the crude oil.

One of the counts reads: “That you, Adesanya Olufemi and Awojobi Ganiu, sometime in 2017, at Lagos, within the Ikeja Judicial Division, with intent to defraud, fraudulently obtained the sum of N33, 617.000 by false pretence, property of Mrs. Oluwatoyin Akinwole, on the representation that you are into crude oil business which representation you knew was false."