The Lagos State High Court sitting in Ikeja has convicted and sentenced a former General Manager of Dangote Industries Limited, Raymond Akanolu, and two others for $32,000 insurance fraud.
Also convicted by the court presided over by Justice S.S. Ogunsanya were Mojisola Aladejobi and Balogun Alaba.
A statement by the Economic and Financial Crimes Commission (EFCC) on Tuesday revealed that the Lagos Zonal Office of the anti-graft agency secured the conviction and sentencing of the three individuals.
The defendants were arraigned on two counts bordering on conspiracy and attempt to obtain money by false pretence to the tune of $32,000.
“The defendants, sometime in October 2014, in Lagos allegedly conspired among themselves to defraud Dangote Industries Limited of the sum of $32,000 (Thirty Two Thousand United State Dollars) by inflating the premium for the renewal of insurance policy cover for its Hawker Aircraft with registration No. 5N-DGN.
Ex-Dangote GM, two others jailed for $32,000 insurance fraud
Oluwatosin Omojuyigbe
Justice S. S. Ogunsanya of the Lagos State High Court, on Tuesday, sentenced a former General Manager of the Dangote Industries Limited, Mojisola Aladejobi, to seven years’ imprisonment over a $32,000 insurance fraud.
Aladejobi was sentenced alongside two others, Raymond Akanolu and Balogun Alaba.
The convicts were arraigned by the Economic and Financial Crimes Commission on two counts of conspiracy and attempt to obtain money by false pretences to the tune of $32,000.
It was gathered that the convicts had sometime in October 2014 conspired among themselves to defraud Dangote Industries Limited of the sum of $32,000 by inflating the premium for the renewal of insurance policy cover for its Hawker aircraft with registration number 5N-DGN.
EFCC boss testifies in N1.4bn oil subsidy fraud trial
Mr Bawa was the EFCC s prosecution witness before his appointment as the chairman of the anti-graft agency
The chairman of the
Economic and Financial Crimes Commission, Abdulrasheed Bawa, on Wednesday appeared before a Lagos State High Court, Ikeja, to give evidence in a N1.4 billion fraud trial involving an oil company, Nadabo Energy Ltd.
Led in evidence by the prosecution counsel, Seidu Atteh, Mr Bawa said he analysed the email correspondences of the defendants and found out that contrary to their claim, they took about six million litres of petrol from a mother vessel to their chartered vessel.
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A Lagos State High Court, Ikeja, on Wednesday, adjourned further proceedings in a 1.4 billion naira fraud trial involving an oil company, Nadabo Energy Ltd and its Chairman till April 28.
The presiding judge, Justice Christopher Balogun gave the adjournment to enable the court rule on the admissibility of the document sought to be tender by the Prosecutor.
The chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, was led in evidence by the prosecution counsel, Seidu Atteh, to narrate the outcome of their investigation in the alleged offences.
Mr Bawa said he analysed the email correspondences of the defendants and found out that contrary to their claim, they took about six million litres of petrol from a mother vessel to their chartered vessel.