Man Jailed Over N10.5million Fraud.

A man, Micheal Ugochukwu has been jailed by a Lagos State High court on Wednesday for stealing N10.5million from one Patrick Ekeh.

According to report, Ugochukwu was arraigned by the EFCC in early 2014 following investigation of a petition by Ekeh who alleged that he imported a total of twenty eight vehicles for the convict from the United States of America sometime in January 2010 through the Lagos port.

The Complainanant alleged that when the audit of the vehicles inventory was conducted, it shows all the twenty eight vehicles were sold with the exception of one. But when confronted, the convict told the complainant that there were still five vehicles left to be sold whose total cost was N10.5million.

Upon arraignment, Ugochukwu pleaded not guilty. A full trial was conducted in which the prosecution led by Chidinma Anita called four witnesses.

At the end of the trial, Justice Jose found him guilty and sentenced him to five years imprisonment without option of fine. She also ordered that restitution of the stolen sum be made by the convict.

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