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Court Jails Ex-Dangote Manager, Two Others For $32,000 Insurance Fraud


 
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. ....

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