In a statement, the Economic and Financial Crimes Commission
said the convict was jailed by Justice Muhammed Sani of the Federal High Court
sitting in Ilorin, Kwara State.
He was said to have pleaded guilty to two counts bordering
on possession of fraudulent funds.
The charges read in part, “That you, Jacob Wisdom
Chukwuemeka, between May 6, 2021, and April 22, 2022, within the jurisdiction
of this honorable court, did retain the control of the gross sum of
N792,454.00 in your bank account number
3137249795 with the name: Jacob Wisdom Chukwuemeka domiciled with First Bank
Plc, which you knew to be proceeds of criminal conduct, thereby committing an
offence contrary to and punishable under Section 17 (a) and (b) of the Economic
and Financial Crimes Commission (Establishment) Act 2004.”
He pleaded guilty to the charges.
The prosecution counsel, Aliyu Adebayo, prayed the court to
convict and sentence him as charged.
Justice Sani sentenced Chukwuemeka to three years’
imprisonment on counts one and two, respectively, which are to run
concurrently.
He was, however, given a fine option of N792,454 on count
one and N300,000 on count two.
The iPhone 11 he used to commit the crime and a draft of
N250,000 were forfeited to the Federal
Government.
In addition, the court ordered the convict to restitute his
victim the sum of N524,454, being the balance of the proceeds of his fraudulent
dealings against him.
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