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Man Jailed 168 Years For N2.5 Million Fraud - Politics - Nairaland

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Man Jailed 168 Years For N2.5 Million Fraud by OuchDaddy(m): 6:52pm On Jun 03, 2013
An Ikeja High Court in Lagos State 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 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 alleged
fraudsters reportedly told Mr. Ayoola that they could
increase his money by invoking an invisible entity.
According to the charges, dated May 6 and filed on
May 7, 2013 by the EFCC, the convict was charged
with conspiring with four others with intent to defraud
the businessman of various sums between June and
November 2006. The offence contravened section 419
of advanced fee fraud and miscellaneous offences. Mr.
Ayoola had written a complaint to the EFCC in
September 2007.

Prosecutors disclosed that EFCC investigators
established that the fraudsters had obtained the sum
of N2.5 million between June and November 2006. The
findings led to a 24-count charge, one on conspiracy
and 23 others bordering on advanced fee fraud and
obtaining money by false pretence.

The case was originally handled by Justice Habeeb
Abiru. In the course of trial, Mr. Salau, who had been
in custody for seven years, wrote to the EFCC to
request a plea bargain.

The other three defendants, Akinsowon Olufemi,
Adebisi Adewale, and Muyiwa Ayeni have been
remanded in Kirikiri Prison until July 22 when their trial
is due to resume.

Source : mobile.saharareporters.com/news-page/man-jailed-168-years-n25-million-fraud
Re: Man Jailed 168 Years For N2.5 Million Fraud by k2039: 7:27pm On Jun 03, 2013
Kai, that judge wicked o
Re: Man Jailed 168 Years For N2.5 Million Fraud by redsun(m): 7:29pm On Jun 03, 2013
Awaiting trial for seven years for just 2.5million toilet papers,while obj stole sixteen billion dolars of the children,still scot free and even making waves as a statesman(rogue).Bode george stole billions and got 2 years in a boot camp.

Nigeria is a rogue state,ruled by criminals,including the judges.

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