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Crime & Punishment of Friday, 26 June 2020

Source: www.mynigeria.com

Court sentences man to six months imprisonment for plundering N1.6m

A businessman identified as Mr Isah Adamu has been jailed for six months for criminal misappropriation of N1.6 million by a Kaduna High Court on Friday.

The News Agency of Nigeria (NAN) reports that Adamu collected a Suzuki Vectra SUV, valued at N1.6million from a client, Mr Yunus Sani with the intention of selling it and bringing the proceeds.

The Economic and Financial Crimes Commission (EFCC) prosecuting counsel, Mr S.H. Sa’ad said that Adamu used the money realised from the sales to acquire a shop at Mando Garage instead of bringing it to Sani.

He said that all efforts to recover the money from Adamu proved abortive, saying, “ he could not even give account of the money”

Adamu pleaded guilty to the one-count charge brought against him.

In his judgment, Justice Dairus Khobo ordered Adamu to pay N1.3 million to Sani as compensation, and another N100,000 as cost of the investigation.

The court also gave the convict N200,000 option of fine.

Khobo stated that Adamu would spend an additional one year in prison if he fails to pay the cost of the investigation.

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