Admin l Wednesday, April 05, 2017
IKEJA, Lagos, Nigeria – A Lagos High Court sitting in Ikeja today sentenced a middle-aged man ,Odibo Efe Ajibade Kronaghea to seven years imprisonment for obtaining money by false pretence and issuing dud cheque to the tune of N2 million.
Kronaghea who was charged by the Economic and Financial Crimes Commission, EFCC before Justice Kudirat Jose was found guilty as charged.
According to the charge sheet, Odibo Efe Ajibade Krongaghea of Confido Consult Services Limited, on or about the 26th of August 2008 at Lagos within the Ikeja Judicial Division with intent to defrauded obtained the sum of N2,000,000 (Two Million Naira) from Judgewell Johnson Effiong by falsely representing that you are fund manager and capital market operator which representation you knew to be false.”
The prosecution said the offence contravenes Section 1 (3) of the Advance Fee Fraud related offences Act no 14 of 2006.
He was charged to court on 15 October, 2015 and pleaded not guilty to 3 counts charge, while prosecuting counsel call 2 witness and tender 18 documents as exhibit.
Justice Jose sentenced him to 7 years imprisonment on count one and without option of fine. While the second convict (a company) to a fine of N50,000.
