Court jails man 3 years over N5.8m fraud
The convict, who was arraigned on Oct. 26, 2016, on two-count-charge of fraud and stealing, had pleaded not guilty to the offence.
Magistrate Olalekan Ijiyode, who handed down the sentence, said it would serve as a deterrent to others.
The magistrate, however, ordered that the sentence should start from the time of the convict’s arraignment.
Ijiyode had granted the convict bail in the sum of N1 million with two sureties in like sum.
The Prosecutor, Insp Sunday Osanyintuyi, had informed the court that the convict fraudulently obtained one Toyota Hummer Bus marked XA 401 FFE and valued at N5.8 million, property of one Oladiji Olayemi.
He stated further that the offence was contrary to Section 383 and punishable under Sections 390 (9) and 419 of the Criminal Code, Cap 34 Vol 11, Laws of Osun, 2002.
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