Court sends Prince Osun to prison for N9.8 million fraud
Prince Osuna Adekunle Oyinlola was sentenced to prison by a state judge.
He was sentenced without the possibility of imposing a fine on three counts of collusion between the defendant and three others altogether.
The verdict was delivered by the distinguished judge Peter Lifou of the Osogbo Federal High Court.
He was found guilty in indictment number FHC / OS / 42C / 2012: FRN v. Prince Oyinlol Adekunle and established by the Nigeria Security and Civil Defense Corporation (NSCDC), Osun State Command.
He was charged in NSCDC court with fraud with Mr. Solagbade and other unsuspecting members of the public in the amount of N9,820,000 under the false pretext of registering them as patent holders to Comandclem Nigeria Limited.
According to the indictment, the offense is contrary to section 1 (1) (a) and is punishable under section 1 (3) of the Advance Payment Fraud and Other Fraud Offenses Act 2006.
The jail sentences on the counts are as follows: one year in prison without the possibility of a fine under paragraph 1, two years in prison without the possibility of a fine on the second count, while one year in prison on the third count and sentences to imprisonment must run at the same time. …
The court also ordered that the auction with registration number BDG 575 AG be reviewed by the court and that the proceeds from the sale be paid to the victim.
In response to the court’s decision, NSCDC Commander Mr. Abdulkadir Sulu said Nigerians must avoid fraud and fraud.
He also explained that only righteousness, sincerity and honesty contribute to the development of a nation.
He advised citizens to be fair in their affairs, business and any other action that contributes to development.