Two Nigerian fraudsters who obtained a cumulative sum of about $1million from three foreign airlines through Business Email Compromise fraud have been convicted by a Lagos High Court.
One of the counts reads: “Tobilola Ibrahim Bakare and Alimi Seun Sikiru, sometime in 2020 in Lagos, within the jurisdiction of this Honourable Court, conspired to commit felony to with retaining cumulative sum of about $1million United States of America Dollars) property of KLM, Turkish Airways and British Airways.”
Another count reads: “Tobiloba Ibrahim Bakare and Alimi Seun Sikiru, sometime in 2020 in Lagos, within the jurisdiction of this Honourable Court, with a dishonest intent, retained four-bedroom detached duplex situated at Ologolo Jakande, Lekki, Lagos.”
They pleaded ‘guilty’ to the charges preferred against them.
Following their pleas, the prosecution counsel, I. A. Mohammed, informed the court that the defendants, through their counsel, Hycenth Udu, had entered a plea bargain with the prosecution and also reviewed the facts of the case.
Delivering her judgment, Justice Taiwo convicted and sentenced the first defendant, Bakare, to three years imprisonment on counts 1, 2, 3, 4 and 5, with the option of fine of N3million.
The Judge also convicted and sentenced the second defendant, Sikiru, to three years imprisonment on counts 1 and 5 with an option of fine of N1 million.
Justice Taiwo also held that the five-bedroom duplex situated at Ibrahim Eleto Street, Osapa London, Lekki, Lagos, four-bedroom semi-detached duplex situated at Ologolo, Jakande, Lekki, Lagos and another four bedroom semi-detached duplex in Southern View Estate, Mayor Court, Chevron Alternative Road, Lekki, Lagos recovered from the first defendant be forfeited to the Federal Government.
The Judge also held that the sums of N196,741,216.82 recovered from the second defendant’s company, Alvine International Resources Ventures account domiciled in Sterling Bank and N9,300,000.00 recovered from the second defendant’s account domiciled in Polaris Bank be forfeited to the Federal Government.
Two vehicles, a Mercedes Benz E500 and a Toyota Hilux 2020 recovered from the first defendant were also ordered forfeited to the Federal Government.