An Ikeja High Court in Lagos State, Nigeria, today sentenced a middle-aged man,
 Olaolu Salau, to an imprisonment of 168 years with hard labor for 
defrauding a Lagos-based businessman, Solomon Ayoola, of N2.5 million.
Judge Adeniyi Onigbanjo gave the verdict following a plea bargain 
between the convict and the Economic and Financial Crimes Commission (EFCC). Under
 the terms of the bargain, Mr. Salau pleaded guilty to an amended 
24-count charge.
In sentencing him, the judge ordered that the convict serve seven years for each of the 24-counts at Kirikiri Prisons, Lagos. Justice Onigbanjo however ordered that the sentence run concurrently
 starting from December 11, 2007, the date Mr. Salau was arrested by the
 EFCC.
In addition to the jail sentence, the convict was also ordered to 
pay restitution of N2.5 million to his victim. The judge ruled that he 
must pay the cash within a year of his release from prison.
The court also approved a plan by prosecutors to use Mr. Salau as a prosecution witness against the remaining defendants. Mr. Salau was originally arraigned with four others on allegations of conspiracy and defrauding Mr. Ayoola at different times to the tune of N2.5 million.
The court also approved a plan by prosecutors to use Mr. Salau as a prosecution witness against the remaining defendants. Mr. Salau was originally arraigned with four others on allegations of conspiracy and defrauding Mr. Ayoola at different times to the tune of N2.5 million.
The alleged fraudsters reportedly told Mr. Ayoola that 
they could increase his money by invoking an invisible entity.

No comments:
Post a Comment
Comment here