Lagos businesswoman sentenced over N20 million IDP fraud

Popular Lagos businesswoman, Doyin Adebowale Adekoya has been convicted and sentenced to 6 months community service for a N20,547,900 fraud.

Justice Hakeem Oshodi of the Lagos State High Court sitting in Ikeja, Lagos delivered the ruling on Thursday, March 7, 2019.

The convict, Doyin Adekoya was arraigned along with her company, D.D. Unique Multi-Concept, on February 7, 2017, on a 9-count charge of conspiracy, stealing and obtaining money under false pretence to the tune of N20,547,900.

The National Commission for Refugees, Migrant and Internally Displaced Persons had awarded a contract to her for the supply of 101 tricycles. Following the supply of the items, she was paid a sum of N22,547,900 instead of N20,547,900.

She was afterwards, mistakenly paid another sum of N20,547,900 again for the same contract. Upon discovering the error, she was contacted by officials of the Commission to return the second payment to no avail

The Judge further directed the EFCC to auction the two buses recovered from the convict at the current market value and transfer the proceeds to the Federal Government on behalf of the Commission. Justice Oshodi further held that the EFCC was at liberty to trace and recover the defendant’s property towards realizing the sum of N20,547,900.

She will be carrying out her sentence at the Lagos State Rehabilitation Centre, Majido, Lagos.

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