Man Bags Seven Years Jail Term for N32m Fraud

Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos has convicted and sentenced one Oseni Iyere to seven years imprisonment for N32m fraud.

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The Economic and Financial Crimes Commission, EFCC, arraigned the convict, on March 9, 2017 on a three-count charge bordering on obtaining money by false pretence and stealing to the tune of N32m.

He was alleged to have dishonestly converted for his use, the sum of N17, 164,000 (Seventeen Million, One Hundred and Sixty-Four Thousand Naira) property of Terrychrista Energy Nigeria Limited which was entrusted with him for the purchase of petroleum products.




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