A federal Excessive Courtroom sitting in Osogbo and presided by Honourable Justice Peter Lifu, has jailed Prince Adekunle Oyinlola with out possibility of tremendous on three counts of conspiracy between the defendant and three others at massive.
He was convicted in a case with Cost Quantity FHC/OS/42C/2012: FRN v Prince Oyinlola Adekunle and instituted by the Nigerian Safety and Civil Defence Corp (NSCDC), Osun State Command
He was charged to court docket by the NSCDC for defrauding Mr. Solagbade and different unsuspecting members of the general public of the sum of N9,820,000 beneath the false pretence of registering them as patent proper holders of Comandclem Nigeria Restricted.
Based on the cost sheet, the offence is opposite to Part 1(1)(a) and punishable beneath Part 1(3) of the Advance Price Fraud and different Fraud Associated Offences Act, 2006.
The jail phrases for the counts are: one-year imprisonment with out the choice of tremendous for Depend one, two years imprisonment with out the choice of tremendous for the second rely whereas one-year imprisonment for the third rely and the jail phrases are to run concurrently.
The court docket additionally ordered the public sale of auto registration quantity BDG 575 AG to be supervised by the court docket and the proceeds of the sale to be paid to the sufferer.
Reacting to the court docket judgement, the state Commandant of the NSCDC, Mr. Abdulkadir Sulu maintained that acts of fraud and rip-off ought to be shunned by Nigerians.
He additionally defined that solely righteousness, sincerity and honesty promote a nation.
He suggested residents to be loyal of their relationship, enterprise and some other act that promotes growth.