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MAN SENTENCED TO TWO YEARS IMPRISONMENT FOR FRAUDULENTLY CONVERTING N2M THAT WAS ERRONEOUSLY TRANSFERRED INTO HIS ACCOUNT



A High Court in Ilorin has sentenced a 45-year old man identified as Adetunji Tunde Oluwasegun to two years imprisonment for fraudulently converting to personal use a sum N2 Million that was erroneously transferred into his account.


Oluwasegun was arraigned on Monday by the Economic and Financial Crimes Commission (EFCC) on a one-count charge bordering on stealing before Justice Sikiru Oyinloye, the court's Presiding Judge.

 

The charge against Oluwasegun reads; "That you, Adetunji Tunde Oluwasegun, sometime between the month of July, 2020 and 21st of August, 2020 at Ilorin, Kwara State, within the jurisdiction of this Honourable Court dishonestly took the sum of N2,000,000.00 (Two Million Naira), property of Sherifat Omolara Sanni, which she erroneously transferred to your bank account 0008383333 domiciled with Guaranty Trust Bank plc, without her consent and thereby committed an offence contrary to Section 286 of the Penal Code and punishable under Section 287 of the same Penal Code"


The Judge did not just sentence the defendant to two years imprisonment. He was also asked to pay a fine of N200, 000.


Justice Oyinloye also ordered Oluwasegun to refund the sum of N2 Million to his victim before he finished serving his jail term.


Read Also: COVID-19 SECOND WAVE: OSUN STATE GOVERNMENT DECLARES DUSK-TO-DAWN CURFEW


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