Kenneth Amadi

<strong>Diversion, conversion: The Amadi case</strong>

Diversion, conversion: The Amadi case

A Federal High Court sitting in Lagos on January 30, 2023, sentenced a businessman, Kenneth Amadi, to 18 months imprisonment over a fraud of N2.9 billion. The court found, among others, that Amadi, while an employee of Eunisell Ltd owned by a businessman, Chika Ikenga, abused his position and diverted the proceeds of the sale of Eunisell’s goods to a company operated by him and his wife.