Two internet fraudsters, Tobilola Ibrahim Bakare and Alimi Seun Sikiru, have been convicted by a Lagos State High Court following a suit by the Economic and Financial Crimes Commission (EFCC).
According to the EFCC, the convicts forfeited over N200 million and properties in the upscale Lekki axis of Lagos to the Federal Government.
The forfeited assets include the sum of N203 million in bank accounts, two vehicles (a Mercedes Benz E500 and a Toyota Hilux 2020), a five bedroom duplex; a four bedroom semi-detached duplex and another four bedroom semi-detached duplex all situated in Lekki, Lagos.
The two vehicles were valued at N30 million with the three duplexes valued at N230 million.
The fraudsters were charged with conspiracy and retaining stolen property, an offence contrary to Sections 411 and 328 of the Criminal Law of Lagos State. The duo pleaded guilty to the five-count amended charges preferred against them.
Delivering judgment, Justice Taiwo convicted and sentenced Bakare, to three years imprisonment on counts 1, 2, 3, 4 and 5, with the option of fine of N3million. While Sikiru was convicted and sentenced to three years imprisonment on counts 1 and 5 with an option of fine of N1 million.