A man identified as Chukwuemeka Ekwunife was sentenced to 60 years in prison on Thursday by Judge Sherifat Solebo of the Special Offenses Court in Ikeja, Lagos state, on charges of N184,098,000 in fraud.
Inside Nigeria, it was learned that Ekwunife, along with his company Structured Energy Limited, had been found guilty of counts one through six and sentenced to 10 years on each count.
According to a statement published on the Economic and Financial Crimes Commission’s social media page, the defendant has been charged with theft by fraudulent conversion.
“The trial judge found him guilty on counts one through six and sentenced him to 10 years on each count to work in a correctional facility at the same time.
“The EFCC indicted Ekwunife along with his company on February 19, 2018 on an eight-count amended charge bordering on theft by fraudulent conversion, in violation of Sections 278(1)(b), (2)(f) and 285 (1). ) of the Lagos State Penal Code of Nigeria 2011.”
