Five Jailed Seven Years for N117.7 Million Fraud in Lagos
A Lagos court has sentenced five defendants to seven years in prison for their roles in a N117.7 million corporate fraud scheme. The convicts were also ordered to provide full financial restitution to the affected company.
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Five jailed for seven years, ordered to repay N117.7m in restitution to company
The judge also ordered the five convicts to pay back the fraud proceeds in restitution to Chi Limited, the maker of Chivita and Hollandia, among other food and beverage products. The post Five jailed for seven years, ordered to repay N117.7m in restitution to company appeared first on Premium Times Nigeria.
By Emmanuel Agbo
Read full article →N117.7m Fraud: Five convicted, jailed seven years in Lagos
Five persons have been convicted and sentenced to seven years’ imprisonment each for their involvement in a N117.7 million fraud case involving Chi Limited. Justice K.A. Jose of the Lagos State High Court sitting in Tapa, Lagos, handed down the sentences on Thursday, September 3, 2026, following their prosecution by the Lagos Zonal Directorate 1 […] The post N117.7m Fraud: Five convicted, jailed seven years in Lagos appeared first on Vanguard News.
By Nwafor
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