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Two Sentenced To 17 Years Imprisonment Over N5M Fraud

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A special offences court sitting in Ikeja on Thursday have sentenced Adewunmi Sunday, Donald Thomas to 7 years and 10 years respectively for an offence bordering on stealing and obtaining by false pretence.

Justice Mojisola Dada jailed the duo alongside their companies; Ansad Global Resources Limited and Riggers Maintenance & Servicing Co.

Justice Dada found them guilty on a three-count charge bordering on stealing and obtaining by false pretence to the tune of N5, 280,000.

One of the counts reads: “Adewunmi Adejumo Sunday, Donald Thomas, Ansad Global Resources Limited and Riggers Maintenance & Servicing on or about the 27th day of March 2013, at Lagos within the Ikeja Judicial Division with intent to defraud stole and fraudulently converted the sum of N5,280,000 (Five Million Two Hundred and Eighty Thousand Naira) being the proceeds of the sale of 33,000 litres of Automated Gas Oil (AGO) property of Jostinade Company Limited entrusted to you for sale.”

They pleaded “not guilty” to the charges prompting commencement of trial.

Counsel to the Economic and Financial Crimes Commission (EFCC), Franklin Ofoma, in the course of the trial, called three witnesses and tendered several documents to prove the case against them.

Delivering judgment on Thursday, Justice Dada found them guilty as charged and sentenced the first defendant to three years on counts one and two, and seven years on count three.

The second defendant was sentenced to three years on counts one and two, and 10 years on count three.

The judge further ordered restitution of the N5,280,000 and that the companies be wound up.

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