The Special Offences Court sitting in Ikeja, Lagos, has sentenced one Augustine Ighodalo to five years imprisonment for retention of proceeds of fraud totalling $1,049,251.84

The Head of Media and Publicity at the Economic and Financial Crimes Commission (EFCC), Wilson Uwujaren, said in a statement that Ighodalo was convicted by Justice Sherifat Solebo of the Special Offences Court.

According to him, the convict was arraigned on September 26 on a three-count charge of “transfer of criminal proceeds to a nominee,” following intelligence received by the Commission from the Federal Bureau of Investigation (FBI) in the United States.



Subscribe to our youtube channel


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.