Tuesday, 14 June 2016

News;Two Fraudsters Bag Seven Years for Fraud while Nigerian looters live freely

Justice Ibrahim Buba of the Federal High Court, Asaba on June 6, 2016 convicted and sentenced  Stephen Othuke Perry alias Martins Leon and Ogaga Ovuapkorie to seven years imprisonment each. The duo were arraigned by the Economic and Financial Crimes Commission on February 21,2013 on a 12 counts charge bordering on conspiracy and obtaining money by false pretence to the tune of N24 ,812,905 (Twenty four million, eight hundred and twelve thousand and five naira.

After a diligent prosecution by the EFCC, Justice Buba found the duo guilty on all the 12 counts and consequently sentenced them to seven years imprisonment on each of the counts without any option of fine. However, the sentences are to run concurrently.

The convicts were also ordered by the court to pay restitution in the total sum to all the victims of their fraudulent act.


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