Sales rep, accomplice jailed for diverting company’s N39.5m 

A sales rep, Ikechukwu Obiekwe, who diverted over N39.5 million from his company’s account has been convicted and sentenced to one year imprisonment by a High Court sitting in Onitsha, Anambra state.

Obiekwe was convicted and sentenced alongside his accomplice, Ugo Chukwudi, by Justice Victoria Nwoye on July 9, 2024. The duo were prosecuted by the Enugu Zonal Directorate of the EFCC, on 10-count charges bordering on conspiracy, fraudulent conversion, stealing and retention of proceeds of crime to the tune of N39, 528, 530.

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They committed the crime between 2016 to 2018 in Onitsha. EFCC in a statement on Friday, July 11, said Justice Nwoye in her judgment held that the prosecution proved its case beyond reasonable doubt and sentenced both men to one year imprisonment each without an option of fine.

In addition, she ordered that the sum of N39, 528, 530 being the proceeds of their crime be forfeited by the convicts to their victim.