Kwara: Courts jail bureau de change operator, two others for fraud

Justice Abimbola Awogboro of the Federal High Court sitting successful Ilorin has sentenced 1 Yakubu Aminu to 200 hours assemblage work for carrying retired bureau de alteration businesses without a valid licence.

Similarly, a Kwara State High Court presided implicit by Justice Hammed Gegele besides jailed the duo of Abdulalahi Abdulrasaq Omotosho and Akeem Ibrahim Salaudeen for engagement successful net fraud-related crime.

The Ilorin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, had connected Wednesday October 9, 2024 arraigned the trio earlier the courts connected abstracted charges.

The complaint expanse connected Yakubu by the anti-graft bureau read, “That you, Yakubu Aminu sometime successful July 2024, astatine Chikanda Market, Yashikira District, Baruten Local Government Area, Kwara State, wrong the jurisdiction of this Honourable Court did transportation on, different fiscal business, to wit: Bureau De Change Business without a valid licence issued by the Central Bank of Nigeria contrary to Section 15 (5) of the Banks and different Financial Institutions Act, 2020 and punishable nether Section 57 (5) (B) of the aforesaid Act.”

In respect of Akeem, the complaint reads, “that you, Akeem Ibrahim Salaudeen betwixt 3rd December 2018 and 8th November 2024, successful Ilorin, Kwara State wrong the jurisdiction of the Honourable Court, did knowingly had nether your power the sum of N4,069, 000.00 successful your slope relationship fig 2104916025, with the sanction Akeem Ibrahim Salaudeen, with the United Bank of Africa Plc, which you knew to beryllium proceeds of transgression behaviour and thereby committed an offence contrary to and punishable nether Section 319 (a) of the Penal Code Laws of Northern Nigeria.”

The defendants pleaded blameworthy erstwhile the charges were work to them, according to a connection by the Head, Media and Publicity of the agency, Dele Oyewale.

The tribunal thereafter convicted and sentenced the defendants to assorted jailhouse presumption relying connected the credibility of the cases presented earlier it and the unchallenged grounds of the prosecution.

Justice Awogboro sentenced Aminu to 200 hours assemblage work without an enactment of fine.

The justice besides ordered that the sum of 50,000cfa and N368,500 recovered from him astatine the constituent of apprehension beryllium forfeited to the Federal Government.

Justice Gegele connected his portion sentenced the duo of Akeem and Abdullahi to six months imprisonment each, with an enactment of N150,000 fine.

The sum of N4,069,000.00 recovered from Akeem, alongside his iphone 11 and $600 UD dollars recovered from Abdullahi unneurotic with iphone 11 pro max, being proceeds of their crimes were forfeited to the Federal Government.