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| Oyekanmi |
The
convict alongside his company and one Ade Bosede ( still at large) had
been arraigned on October 26, 2016 on a three-count charge bordering on
stealing, conspiracy to steal and issuance of dishonoured cheques to
the tune of N30 million.
The
convict had collected the sum of N30m (Thirty Million Naira) from one
Olufunke Dada, with an assurance that he wanted to give it to some
traders as soft loans with interest.
Subsequently,
the accused, who was said to have converted the money to his personal
use, issued a cheque to Dada when she asked for repayment.
However, the cheque was dishonoured upon presentation at the bank.
One
of the counts reads: " That you, Segun Oyekanmi, Loben Investment
Co-operative Multi-purpose Society Limited and Ade Bosede ( still at
large) sometime between the month of May, 2011 and 1st August ,2011,
within the jurisdiction of this Honorable Court, with intent to defraud
,conspired to steal money, property of Olufunke Gbolahun Dada and
thereby committed an offense punishable under Section 390(9) of the
Criminal Code, Cap C17, Vol. 2, Laws of Lagos State of Nigeria 2003.”
The accused, however, pleaded not guilty to the charges when they were read to him, thereby setting the stage for his trial.
In the course of the trial, the prosecution counsel, Ola Sesan, called four witnesses and tendered evidence against the accused.
Delivering
his judgment on Thursday, July 20 Justice Oyefeso ordered the convict
to pay the sum of N30m in restitution to Dada and sentenced him to three
years imprisonment each on counts of stealing and conspiracy to steal.
The sentences are to run concurrently.
The convict was also sentenced to two years imprisonment on the count of issuance of dishonoured cheque.
The sentence is to run separately.
The company was ordered to wind up and pay the sum of N500,000 fine.
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