Court slams fraudster with 28 years jail term without option of fine over N235m fraud

Posted by News Express | 12 October 2018 | 1,512 times

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The Economic and Financial Crimes Commission (EFCC) has secured the conviction of one Kayode Gabriel Adeniji of Mide Landmark Ventures, before Justice Yusuf Halilu of the Federal Capital Territory High Court, sitting in Maitama, Abuja.

Adeniji’s journey to jail began after the Commission received a petition from one Christiana Adetola Makanjuola, who alleged that sometime in 2012, the defendant converted her property worth N235 million, and refused to pay the agreed sums.

The complainant further alleged that the convict carried out acts of ownership on the said property by developing and transacting businesses with third parties, without her consent.

The case was investigated, and Adeniji arraigned on a five-count charge of criminal breach of trust, cheating, and fraudulent conversion of property.

After diligent prosecution by EFCC, Justice Halilu found Adeniji guilty on all the counts and sentenced him to seven months on count one; seven years on count two and seven years on count three, four and five respectively.

The sentences, which are without option of fine, are to run concurrently.

Source: News Express

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