Lagos, Nigeria — An Ikeja Special Offences Court has sentenced a businessman, Olumuyiwa Teniola-Idowu, to 30 years’ imprisonment for stealing $62,500 and €36,020, following his prosecution by the Economic and Financial Crimes Commission (EFCC).
The court, presided over by Justice Ismail Ijelu, ruled that the EFCC had proved its case beyond a reasonable doubt, convicting Teniola-Idowu and his company, Tennyvans Nigeria Ltd, on a six-count charge of stealing and failure to disclose assets.
The court imposed five years’ imprisonment on each of counts one to four, to run concurrently, and an additional five years on each of counts five and six, with the option of a ₦1 million fine per count payable within six months.
The judge also ordered restitution of the stolen sums to the complainant, Mr Rene Theodorous Johannes Brouwers of Brouwers USA Trucks and Parts.
During the trial, EFCC counsel, Ebuka Okongwu, presented three witnesses and 11 exhibits, while the defence counsel, Kehinde Olawumi called one witness.
The EFCC alleged that in 2012, the convict dishonestly converted funds meant for caterpillar parts and failed to declare assets in violation of Section 285 of the Lagos Criminal Law (2011) and Section 27(3) of the EFCC Act (2004).
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