Crime
Businessman jailed 6 years for N20m fraud
Justice Darius Khobo of the Kaduna High Court on Tuesday sentenced a businessman Mohammed Rabiu, to six years imprisonment for N20million fraud.
The Kaduna Zonal Office of the Economic and Financial Crimes Commission (EFCC) charged Rabiu with fraud.
The judge sentenced Rabiu after he had pleaded guilty to the charge and begged for leniency
Darius who did not give the convict an option of a fine, held that sentence should run concurrently.
He also ordered the convict to restitute N20million to the complainant, Jamil Hassan
He added that in the event that the convict failed to pay the amount, he shall serve an additional one-year prison term.
Earlier, the EFCC Counsel, E.K. Garba told the court that sometime in 2020 the convict deceived Abubakar Sani into giving him N20m to start up a car business and promised to pay back in one year.
He said that the defendant collected the money, converted it to his personal use, and various efforts made by the complainant to get his money back failed.
The prosecution said that the offense contravened the provisions of sections 271 and 309 of the Kaduna State Penal Code, 2017.
-
Aviation6 days agoNigeria ends third-party visa processing in U.S, directs applicants to embassy, consulates
-
Latest1 week agoOne killed as ethnic clash erupts in Ibadan following reported overnight stabbing (video)
-
Agribusiness1 week agoStrengthening Nigeria’s Food Production Through Reliable Water Storage Infrastructure
-
Business6 days agoFCCPC floors Air Peace as Court upholds authority to probe airline fare complaints
-
Business6 days agoSEC sets July 10 deadline for Q2 ownership, capital flows returns
-
News6 days agoEdo Police impose movement restriction ahead of Saturday’s LG’s elections
-
Business6 days agoHeavy reliance on portfolio inflows threatens Nigeria’s $51bn reserves — EBC
-
Business4 days agoNCC chief highlights trust as key to Nigeria’s digital transformation