8.4 C
New York
Friday, March 29, 2024

Court Jails Ex-Dangote Manager, Two Others for $32,000 Insurance Fraud

Published:

LATEST NEWS

- Advertisement -

The Lagos Zonal Office of the Economic and Financial Crimes Commission, EFCC, on Tuesday, March 9, 2021, secured the conviction and sentencing of the trio of Raymond Akanolu, a former General Manager, Dangote Industries Limited, Mojisola Aladejobi and Balogun Omololu Alaba before Justice S.S. Ogunsanya of the Lagos State High Court sitting in Ikeja for $32,000 (Thirty -two Thousand US Dollars) insurance fraud.

The defendants were arraigned on a two-count charge bordering on conspiracy and attempt to obtain money by false pretence to the tune of $32,000 (Thirty Thousand US Dollars).

The defendants, sometime in October, 2014, in Lagos allegedly conspired among themselves to defraud Dangote Industries Limited of the sum of $32,000 (Thirty Two Thousand United State Dollars) by inflating the premium for the renewal of insurance policy cover for its Hawker Aircraft with registration No. 5N-DGN. The offence is contrary to section 323 of the Criminal Law of Lagos State, No. 11 of 2011.

READ ALSO  In Anambra, 40-Year-Old Man Defiles His 9-Year-Old Only Child, Bags 10 years Imprisonment

They pleaded ‘not guilty’ to the charges preferred against them, thereby leading to their full trial.

The prosecution counsel, S.O.Daji and Babatunde Sonoiki, called witnesses and tendered documents that were admitted in evidence by the Court.

In his judgment, Justice Ogunsanya found the defendants guilty of the offence and sentenced them to seven years imprisonment each on both counts of the charge.

Hey there! Exciting news - we've deactivated our website's comment provider to focus on more interactive channels! Join the conversation on our stories through Facebook, Twitter, and other social media pages, and let's chat, share, and connect in the best way possible!

Join our social media

For even more exclusive content!

spot_imgspot_imgspot_img

Of The Week
CARTOON

TOP STORIES

- Advertisement -

Of The Week
CARTOON

247Ureports Protects its' news articles from plagiarism as an important part of maintaining the integrity of our website.