x

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.

“The offence is contrary to section 323 of the Criminal Law of Lagos State, No. 11 of 2011,” said the statement signed by the EFCC spokesman, Wilson Uwujaren.

When the charges were read to them, they pleaded not guilty to the counts, a development that led to their full trial.

The prosecution counsels, S.O. Daji and Babatunde Sonoiki, called witnesses and tendered documents that were admitted in evidence by the court.

In her judgment, Justice Ogunsanya found the defendants guilty of the offence and sentenced them to seven years imprisonment each on both counts of the charge.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Gov. Ododo Commissions Boi’s Office to Boost Industrial Sector in Kogi

By Noah Ocheni, Lokoja The Governor of Kogi State, Alhaji...

Ododo to Officials: Prioritise Grassroots, Local Support

By Noah Ocheni, Lokoja The Kogi state Governor, Alhaji Ahmed...

Ododo Clears ₦98.8bn Kogi Debt

Gov. Ododo Offsets 98.8 bíllion debts inherited from Ex-govs...

oborevwori to Aides: Perform or Be Replaced

By Anne Azuka  Governor Sheriff Oborevwori of Delta State has...

I Will Support “Asiwaju” To Win ln 2027, Wike Fires Back At PDP

By Joyce Remi-Babayeju The FCT Minister, Barr Nysome Wike, has...

Amaechi is Hungry For Power, Not Influential Politician – Wike

By Joyce Remi-Babayeju The FCT Minister Barr Nysome Wike has...

2025 Ballon d’Or: 3 PSG Stars Emerge as Top Contenders Ahead of Lamine Yamal, Raphinha

Paris Saint-Germain’s historic UEFA Champions League triumph has positioned...
spot_img

Related Articles

Popular Categories

spot_imgspot_img