Dangote Ex-Manager, Raymond Akanolu, Two Others Jailed For $32,000 Insurance Fraud

March 10, 2021
8 Views

The Lagos State High Court sitting in Ikeja has sentenced a former General Manager of Dangote Industries Limited, Raymond Akanolu, to seven years’ imprisonment for $32,000 insurance fraud.

Dangote Ex-Manager, Raymond Akanolu, Two Others Jailed For $32,000 Insurance Fraud 1

The court presided over by Justice S.S. Ogunsanya on Tuesday also convicted two others, Mojisola Aladejobi and Balogun Alaba.

The three suspects were sentenced and convicted by the court following a petition by the Lagos Zonal Office of the Economic and Financial Crimes Commission (EFCC).

A statement by the EFCC said the defendants were arraigned on two counts bordering on conspiracy and attempt to obtain money by false pretence to the tune of $32,000.

“The defendants, sometime in October 2014, in Lagos allegedly conspired among themselves to defraud Dangote Industries Limited of the sum of $32,000 (Thirty Two Thousand United State Dollars) by inflating the premium for the renewal of insurance policy cover for its Hawker Aircraft with registration No. 5N-DGN.

“The offence is contrary to section 323 of the Criminal Law of Lagos State, No. 11 of 2011,” said the statement signed by the EFCC spokesman, Wilson Uwujaren.

When the charges were read to them, they pleaded not guilty to the counts, a development that led to their full trial.

The prosecution counsels, S.O. Daji and Babatunde Sonoiki, called witnesses and tendered documents that were admitted in evidence by the court.

In her judgment, Justice Ogunsanya found the defendants guilty of the offence and sentenced them to seven years imprisonment each on both counts of the charge.

KanyiDaily recalls that Aliko Dangote had recently accused his American ex-lover, Autumn Spikes, of trying to extort $5 million from him.

You may be interested

Printing of N60bn: You lied, FG replies Obaseki
News
News

Printing of N60bn: You lied, FG replies Obaseki

Webby - April 15, 2021

The federal government has dismissed as “false and sad” the remarks by Edo State Governor, Godwin Obaseki that the Central…

Ondo petitions CP over Ajayi’s refusal to return govt properties
News
News

Ondo petitions CP over Ajayi’s refusal to return govt properties

Webby - April 15, 2021

The Ondo state government has petitioned the state Commissioner of Police, Salami Bolaji, over refusal of former deputy governor of…

States face cash crunch, salaries swallow revenues, Federal Govt seeks more funds
News
1 views
News
1 views

States face cash crunch, salaries swallow revenues, Federal Govt seeks more funds

Webby - April 15, 2021

Olalekan Adetayo, Okechukwu Nnodim, Abiodun Nejo, Peter Dada, Bola Bamigbola, Chima Azubuike, Adeniyi Olugbemi, John Charles, Adeyinka Adedipe and Armstrong Bakam…

Leave a Comment

Your email address will not be published.