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One Suberu Okatai  a businessman, bags 10 Years for N1.1m fraud

One Suberu Okatai  a businessman, bags 10 Years for N1.1m fraud
One Suberu Okatai  a businessman, bags 10 Years for N1.1m fraud

The Maiduguri Zonal Office of the Economic and Financial Crimes Commission, EFCC on Thursday, May 9, 2019, secured the conviction of one Suberu Okatai.

According to the statement by EFCC, Suberu Okatai was convicted by Justice Umaru Fadawu of the Borno State High Court, sitting in Maiduguri for the offences of conspiracy and obtaining money by false pretence.

The journey Suberu Okatai to jail started when the Commission received a petition against him on May 14, 2018, alleging that he collected the sum of N1,190,000.00 (One Million One Hundred and Ninety Thousand Naira).

The said sum was received under the pretence that it was to be used for the supply of power indicator, which the accused and others now at large knew that the said business never existed.

Suberu Okatai pleaded “not guilty” to the two-count charge when he was arraigned on March 18, 2019.

Counsel for the prosecution, Khalid Sanusi, presented three witnesses and tendered three exhibits during the trial.

In the allocutus, the convict pleaded for leniency and prayed the court to temper justice with mercy.

Justice Fadawu in his judgment ruled that: “I hereby sentence you to 10 years in prison for the offence of conspiracy contrary to and punishable under sections 8(a) & 1(3) of the Advance Fee Fraud and other Fraud related offences Act 2006.

“I hereby sentence you to 10 years in prison for the offence of obtaining by false pretence contrary to and punishable under sections 1(1) (b) & 1(3) of the Advance Fee Fraud and other Fraud related offences Act 2006.”

The Judge further directed the convict to compensate the nominal complainant the sum of (N1.1 Million) One Million One Hundred and Ninety Thousand Naira, in default of which, the convict should spend three years in prison.

Justice Fadawu, further held that: “The outstanding balance in the account of the convict in the sum of N39,480.44 be forfeited to the Federal Government of Nigeria and the account be closed.”

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