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Court jails man 5 years for $1,049,251.84 fraud



The Commission of Economic and Financial Crimes, EFCC, Lagos zonal office, has secured the conviction and sentence of one Augustine Ighodalo to five years in prison for a criminal offense that borders the retention of the product for $ 1,049,251.84.

Latest Nigeria newspaper report that Ighodalo appeared before Judge Sherifat Solebo of the Special Crimes Tribunal, located in Ikeja, Lagos.

The anti-graft spokesman, Wilson Uwujaren, in a statement revealed that “the convict was prosecuted on September 26, for a three-charge charge that borders on” transferring criminal profits to a nominee, “after the intelligence received by the Commission on the Federal Bureau of Investigation, FBI. “