BEVERLY HILLS, March 08, (THEWILL) – The Lagos Zonal Office of the Economic and Financial Crimes Commission, (EFCC) has secured the conviction of Temitope Oluwasanmi and Augustine Olayinka before Justice Mojisola Dada of a Special Offences Court, Lagos State High Court, Ikeja.
The convicts were arraigned in December 2017 on a six-count charge bordering on conspiracy, stealing and fraudulent diversion of funds to the tune of N116million (One Hundred and Sixteen Million Naira) to which they pleaded “not guilty” prompting commencement of trial.
Oluwasanmi, an employee of Union Bank of Nigeria (UBN) Plc, who was arrested by operatives of the EFCC in October 2017, following a petition from the bank was alleged to have diverted the N116million to the accounts of three friends: Augustine Olayinka, Oginni Opeyemi and Ogbaro Oluwaseyi. Opeyemi and Oluwaseyi remained at large.
In the course of the trial, prosecuting counsel, Bilikisu Bala Buhari, called three witnesses and tendered several documents to prove the case against them.
Delivering judgement on Friday, Justice Dada found the first and second defendants guilty of count one bordering on conspiracy, and sentenced them to three years imprisonment. The first defendant was further convicted of counts two, three and four
About the Author
AYO ESAN, has been actively reporting and analyzing political events for different newspapers for over 18 years. He has also successfully covered national and state elections in Nigeria since the inception of this democracy in 1999.
