The
Economic and Financial Crimes Commission (EFCC) on June 17, secured the
conviction of Mr. Jalekun Omitawoju Yisau and nine other defendants in a case
of alleged conspiracy, misappropriation and diversion of funds to the tune of
N115 million.
Others
convicted are Afribiz Viables Ventures, Allied Aque-Forte Ventures, Manifield
Mercies Ventures, Agbeloba Agrotech Ventures Ltd, Torosbury International
Agency Ltd, Cradle Engineering Services Ltd, Momm Limited, Al-Tora Allied
Business, Arieco Trading Ventures. Their sentence followed their change of plea
from “guilty” to “guilty’.
They
were first arraigned on October 30, 2014. The judge convicted and sentenced
them to two and half years imprisonment each on counts 1, 3,5,8,10,14 and17.
The sentence would, however, take effect from 30th October, 2014 when the
defendants were first arraigned.
They are also to sign a bond with the EFCC,
seven days after their release, to be of good conduct and never get involved in
financial crimes both within and outside Nigeria. Three others, former Director
of Institute of Agriculture, Research and Training (IART), Professor Benjamin
Olufemi Ogunbodede, Zaccheaus Tejumola and Adenose Clement who were charged
alongside the convicts before Justice N. Ayo Emmanuel of the Federal High Court
, Ibadan, Oyo State, maintained their “not guilty” plea.
Meanwhile, Prof Ogunbodede
and his cohort would return to court on July 1, 2016 for the continuation of
their trial
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