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    Fraudster bags 20 years for defrauding Taiwanese

    Chronicle EditorBy Chronicle EditorJuly 24, 2020No Comments2 Mins Read
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    Gabriel Oluokun has been jailed 30 years for fraud
    Gabriel Oluokun has been jailed 30 years for fraud
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    Gabriel Adekola Oluokun, 30, was on Thursday sentenced to 20 years imprisonment by Justice Joyce Abdulmalik of the Federal High Court, Ibadan, Oyo State for defrauding a Taiwanese to the tune of $22,300.

    The convict was prosecuted by the Ibadan Zonal Office of the Economic and Financial Crimes Commission, EFCC, on a six-count amended charge of obtaining money by false pretence for which he was found guilty and convicted.

    Oluokun’s journey to prison started when the Commission received a petition from one Nduka Lucious in which he alleged that the convict collected the sum of $22,300 from him in three instalments on the agreement that he will supply 100 metric tonnes of sesame seed to one Victoria Xhung, a China-based Taiwanese businesswoman, whom the petitioner represents in Nigeria.

    While the convict failed to deliver, he converted the sum to his personal use.

    • N66m: EFCC docks woman for defrauding FHI 360

    On conclusion of investigations, he was arraigned on April 6, 2018 on a six-count charge of obtaining money by false pretences to which he pleaded not guilty and was re-arraigned on June 15, 2020 on a six-count amended charge for the same offence, for which he was convicted on Thursday.

    After reviewing the arguments of the prosecution team of Dr. Ben Ubi, Oluwatinuwe Daramola and Mabas Mabur and that of the defence team, Justice Abdumalik convicted the defendant on counts one to four of the charges, which contravene Section 1(1)(a) of the Advance Fee Fraud and Other Related Offences Act, 2006, sentencing him to five years on each of the four counts, which are to run concurrently and discharged and acquitted him on counts five and six.

    Aside the prison term, the convict is to restitute his victim, the sum of $22,300, with the caveat that the jail term will be extended by additional two years if he fails to make the repayment.

    He also forfeited his Toyota Corolla saloon car to the Federal government.

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    Aliko Dangote speaking about plans to generate 20,000 megawatts of electricity in Nigeria amid ongoing power shortages.

    Dangote plans London Stock Exchange listing for cement business

    May 8, 2026
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    Yahaya Bello in court during hearing on alleged money laundering charges linked to prepaid school fees dispute.

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    Federico Valverde has delivered an emotional public apology after reports emerged that he was involved in a heated training-ground dispute with teammate Aurélien Tchouaméni at Real Madrid.

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