Ighodalo bags 5-year jail term for $1million fraud

Justice Sherifat Solebo of the Special Offences Court sitting in Ikeja, Lagos, has sentenced one Augustine Ighodalo, a person of interest in the recent FBI bust to five years’ imprisonment for criminal offence bordering on retention of proceeds to the tune of $1,049,251.84.
The convict was arraigned on September 26, 2019, on a three-count charge bordering on “transfer of criminal proceeds to a nominee”, following intelligence received by the commission from the Federal Bureau of Investigation, FBI, a statement by Wilson Uwajren, EFCC’s spokesman, said on Monday in a statement.