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The Economic and Financial Crimes Commission (EFCC) on June 17,
secured the conviction of Mr. Jalekun Omitawoju Yisau and nine other
defendants in a case of alleged conspiracy, misappropriation and
diversion of funds to the tune of N115 million.
Others convicted are
Afribiz Viables Ventures, Allied Aque-Forte Ventures, Manifield Mercies
Ventures, Agbeloba Agrotech Ventures Ltd, Torosbury International Agency
Ltd, Cradle Engineering Services Ltd, Momm Limited, Al-Tora Allied
Business, Arieco Trading Ventures. Their sentence followed their change
of plea from “guilty” to “guilty’.
They were first arraigned on October
30, 2014. The judge convicted and sentenced them to two and half years
imprisonment each on counts 1, 3,5,8,10,14 and17. The sentence would,
however, take effect from 30th October, 2014 when the defendants were
first arraigned.
They are also to sign a bond with the EFCC, seven days
after their release, to be of good conduct and never get involved in
financial crimes both within and outside Nigeria. Three others, former
Director of Institute of Agriculture, Research and Training (IART),
Professor Benjamin Olufemi Ogunbodede, Zaccheaus Tejumola and Adenose
Clement who were charged alongside the convicts before Justice N. Ayo
Emmanuel of the Federal High Court , Ibadan, Oyo State, maintained their
“not guilty” plea.
Meanwhile, Prof Ogunbodede and his cohort would
return to court on July 1, 2016 for the continuation of their trial.
Picture from right, Prof Benjamin Ogunbodede, Jameson Omitowoju, Zaccheaus Tejumola and Adenose Clement.
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