Man bags seven-year jail term over N32m fraud

Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos has convicted and sentenced Oseni Iyere to 7 years in prison for N32 million fraud.

The convict was arraigned on March 9, 2017 on a three-count charge bordering on obtaining money by false pretence and stealing to the tune of N32m.

EFCC spokesman, Wilson Uwujaren said this in a statement in Abuja.

One of the charges reads: “That you, Oseni Iyere, between the months of March 2016 and May, 2016 , within the Ikeja Judicial Division, dishonestly converted for your own use the sum of N17, 164,000( Seventeen Million , One Hundred and Sixty- Four Thousand Naira) property of Terrychrista Energy Nigeria Limited entrusted with you for the purchase of petroleum products.”

But the defendant reportedly pleaded not…



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