Wednesday , December 1 2021
Breaking News
Home / News / EFCC Secures Babangida’s Conviction in Drug Importation Trial

EFCC Secures Babangida’s Conviction in Drug Importation Trial

A case being prosecuted by the Economic and Financial Crimes Commission (EFCC) at the Kano State High Court has ended today with a 6-month prison sentence for the defendant.

Justice Ibrahim Karaye convicted and slammed the 6-month prison sentence on Mustapha Babangida who was facing trial over N2.5million fraud.

According to EFCC spokesman, Mr Tony Orilade, the agency secured the conviction of Babangida for a one-count charge bordering on criminal breach of trust to the tune of N2.5 million.

Babangida was brought before Justice Ibrahim Karaye of the Kano State High Court for defrauding one Obi Bartholomew, in a fraudulent business deal involving the importation of drugs from Turkey into Nigeria.

A statement from Orilade says, “The petitioner alleged that sometime in May 2018, Babangida presented himself to him as a businessman who deals in the importation of drugs from Turkey. Bartholomew, convinced about the deal, subsequently invested N2 million, having been promised a mouth-watering interest of N500, 000.

“Afterwards, Babangida approached him for an additional N150, 000 “to clear the goods”.

“Bartholomew alleged that the accused person issued him two cheques of N2.5 million and N150, 000 dated May 19 and 22, 2018, which turned out to be dud cheques as they were returned unpaid, due to insufficient funds in the account.

“He pleaded “guilty” to the charge when it was read to him.

“In view of his plea, prosecuting counsel, Michael Ojo, prayed the court to convict and sentence him accordingly.

“Defence counsel, Sani Amani, however, notified the court that Babangida had paid the entire sum in question, which was acknowledged by the nominal complainant and the EFCC.

“Justice Karaye, thereafter convicted him and sentenced him to six months in prison with an option of N250, 000 as fine.”



Check Also

Subsidy Removal Is Necessary For Nigeria’s Economy To Stand- Muda Yusuf

Former Director-General of Lagos State Chamber of Commerce and Industry, Muda Yusuf says the removal …

Jack Dorsey Resigns As Twitter CEO

Co-founder and chief executive officer of Twitter, Jack Dorsey says he has resigned from the …

Social Media Auto Publish Powered By :