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Court Convicts Two For N7 Million Fraud in Benue

Next Edition by Next Edition
October 15, 2019
in Top News
Court Convicts Two For N7 Million Fraud in Benue
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The Economic and Financial Crimes Commission, EFCC, Makurdi Zonal Office on Tuesday, secured the conviction of Osikoya Kolawole Gboyega and Adewuyi Adebayo before the Federal High Court sitting in Makurdi, Benue State.

The Court presided over by Justice Mobolaji Olajuwon, arraigned the suspects on a two count charge following a plea bargain agreement with the Commission.

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One of the counts read, “That you Osikoya Kolawole Gboyega and Adewuyi Ademola Adebayo sometime in 2018 conspired amongst yourselves in Nigeria within the jurisdiction of this honourable Court with intent to defraud, used a UBA ATM card resulting in a gain and you thereby committed an offence contrary to section 33 (1) of the Cybercrime (Prohibition, Prevention etc) Act, 2015 and punishable under section 33 (2) of the same Act”.

They pleaded “guilty” to the charge.

In view of their plea, the prosecuting counsel, G. G. Chia-Yakua, urged the Court to accept the plea bargain and convict them accordingly.

Justice Olajuwon pronounced them guilty and subsequently convicted them and sentenced them to two years imprisonment with option of fine of N100,000 each on count one.

READ ALSO: EFCC Arrests Fraudster In Aso Villa

Two years imprisonment with option of fine of N100,000 each on count two. Both are to run concurrently.

“Also that the sum of N300,000 that they had refunded during the course of investigation be paid to the complainant as restitution. Convicts shall undertake not to commit any further financial crime again,” the judge said.

The Court also ordered them to be remanded in prison custody pending the payment of the fine.

The Next Edition reports that trouble started for Osikoya Kolawole and Adewuyi Adebayo when they were arrested by operatives of the EFCC on 9th and 10th of September, 2019 in Lagos State in relation to a case of fraud, aiding and abetting.

During investigation, the convicts admitted their wrong doing, showed remorse for their action and refunded the sum of N300,000.00 to the victim.

Tags: Adewuyi AdebayoEconomic and Financial Crimes CommissionG. G. Chia-YakuaNIgeriaOsikoya Kolawole Gboyega
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