Justice J.E. Oyefeso of the Lagos State High Court sitting in Ikeja, Lagos has convicted and sentenced a businessman, Segun Oyekanmi, Managing Director, Loben Investment Co-operative Multi-purpose Society Limited, to five years imprisonment for N30million fraud.

The convict alongside his company and one Ade Bosede ( still at large) had been arraigned on October 26, 2016, on a three-count charge bordering on stealing, conspiracy to steal and issuance of dishonoured cheques to the tune of N30 million.

Oyekanmi had collected the sum of N30m (Thirty Million Naira) from one Olufunke Dada, with an assurance that he wanted to give it to some traders as soft loans but instead diverted the money.
http://politicsngr.com/2017/07/21/man-bags-five-years-imprisonment-n30m-fraud/
cc: lalasticlala, Mynd44

Blood of Lord Luggard, ONLY 5 YEARS IMPRISONMENT FOR A WHOPPING 30 MILLION NAIRA SCAM?
Then what is the point of going to school, 5 years in the University, 1 year youth service and start hunting for 30k per month job when someone can easily commit fraud, spend the same number of years in prison and come back a multimillionaire? Our judiciary is just making crime look lucrative

See his cone head

And somebody was given death penalty somewhere in the same naija for stealing N3,000 abi N3,500.

dis country taya me

Cool

Cone headed nincompoop

Benita27:
And somebody was given death penalty somewhere in the same naija for stealing N3,000 abi N3,500.

Ataya oo... sometimes I wonder if na Agbero people dey give judgments for court sef

MykOnyxo:


Ataya oo... sometimes I wonder if na Agbero people dey give judgments for court sef

The affluent are above the law.

MykOnyxo:


Ataya oo... sometimes I wonder if na Agbero people dey give judgments for court sef

Armed robbery is punishable by death even if it involves one hundred naira only.

joe4real12:

Armed robbery is punishable by death even if it involves one hundred naira only.

.... so does that exclude the rich?

lofty900:
Blood of Lord Luggard, ONLY 5 YEARS IMPRISONMENT FOR A WHOPPING 30 MILLION NAIRA SCAM?
Then what is the point of going to school, 5 years in the University, 1 year youth service and start hunting for 30k per month job when someone can easily commit fraud, spend the same number of years in prison and come back a multimillionaire? Our judiciary is just making crime look lucrative

Only that you forfeit the money, waste 5 years of your life and loose integrity

Justuceleague2:


Only that you forfeit the money, waste 5 years of your life and loose integrity

forfeit wetin? Is it not the one they can see that I'll forfeit?

lofty900:
forfeit wetin? Is it not the one they can see that I'll forfeit?

Lol your company dissolved, assets seized, your landed properties and money in bank seized / frozen ?

and saraki and his colleagues they there dey enjoy our money. black nation black sens