Justice Bayo Taiwo of the Oyo State High Court, sitting in Ibadan has convicted and sentenced one Olayiwola Oguntade to prison for fraud.
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| Economic and Financial Crimes Commission (EFCC) |
Oguntade, a former staff member of the Joint Admission and Matriculation Board (JAMB) was arraigned by the Ibadan Zonal Directorate of the Economic and Financial Crimes Commission, EFCC on October 13, 2020 on a three-count amended charge, bordering on forgery, advance fee fraud and obtaining by false pretence to the tune of N10,000,000 (Ten Million Naira).
Count one of his reads:“That you, Olayiwola Oguntade sometimes in 2010 at Ibadan within the jurisdiction of this Honourable Court with intent to defraud obtained the sum of N10,000,000.00 (Ten Million Naira) only, by false pretence through Kola Al-Amin from Polybadan Microfinance Bank Ltd and thereby committed an offence of obtaining money by false pretence, contrary to Section 1 (i)(b) and 1 (3) of the Advance Fee Fraud and Other Related Offences Act, 2006.”
Count two reads: “That you, Olayiwola Oguntade sometimes in 2010 within the jurisdiction of this Honourable Court forged an LPO titled: Re: Supply of Internet Services, purported to have been issued by the Joint Admissions and Matriculation Board (JAMB) dated 15th October, 2010 with Ref No. JAMB/FIN/282/Vol.4/445 and thereby committed an offence of Forgery, contrary to Section 467 of the Criminal Code Law Cap 38, Laws of Oyo State, 2000.”
He pleaded “not guilty” to the charges, prompting his over four years of trial, during which prosecution counsel, Oyelakin Oyediran and Lanre Suleiman called 10 witnesses, tendered several incriminating documents against him that were admitted in evidence and urged the court to convict and sentence him accordingly.
In his judgment on January 28, 2025, Justice Taiwo, held that “the prosecution has proved its case beyond reasonable doubt and the court is convinced that the defendant is guilty of the offences filed against him by the EFCC.” He convicted and sentenced him to five years imprisonment without an option of fine.
The convict who was a member of staff of the Finance and Accounts Department of JAMB began his journey to the Nigerian Correctional Center after he forged a Local Purchase Order (LPO)and Letter of Domiciliation and obtained a loan of N10million with them from Polybadan Microfinance Bank under the false pretence of executing a contract, purportedly awarded to him by JAMB for the provision of internet services…
Court Jails Ex JAMB Staffer for N10m Fraud in Ibadan
Justice Bayo Taiwo of the Oyo State High Court, sitting in Ibadan has convicted and sentenced one Olayiwola Oguntade to prison for fraud.
Oguntade, a former staff member of the Joint Admission and Matriculation Board (JAMB)… pic.twitter.com/EqNi9qnhvT
— EFCC Nigeria (@officialEFCC) February 5, 2025
