Wednesday, May 28, 2014

Businessman Bags 2 Years in Prison for N6m Scam

A Federal High Court sitting in Jos and presided by Justice Andrel Alagwa has sentenced a Jos businessman, Ibrahim Nayaya to two years imprisonment in a case brought before the court by the Economic and Financial Crimes Commission.
Nayaya was arraigned on June 15, 2013 on one count charge that borders on obtaining by trickery, contrary to and punishable under Section 421 of the Criminal Code Act, Cap C38, Laws of the Federal Republic of Nigeria (LFN) 2004.
The convict, a transporter and dealer in black oil allegedly obtained N6million from one Umar Ibrahim, an Ashaka (Gombe State) businessman, for the purpose of supplying some truck load of Black oil. The product was neither supplied nor the money returned to Umar.
Justice Alagwa found Nayaya guilty as charged and thereby sentenced him to 2 years imprisonment with an option of fine in the sum of N500, 000.

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