• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

      Engr Abba Babagana Dalori

      Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

      Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

      EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences…

  • Fact-Check
  • Economy
    • PRNigeria Fellows and CEO IMPR Yushau A Shuaib

      PRNigeria Fellowship: A Model for NIPSS Kuru

      Africa’s Economic Ties Deepen as Nigeria, Benin Sign Joint Trade Plan

      Customs Partners US Mission to Prevent Expanded Visa Ban

      Nigeria Customs Partners China on Smarter Ports, Officer Training, Reforms

      Comptroller General Nigerian Customs Bashir Adewale

      Customs Moves Against 223 Importers in N379bn Permit Breach

  • National
    • Alhaji Babangida Kogo of Yankuzo

      After Sustained NAF Airstrikes, Bandits Release Abducted Zamfara Monarch

      Third-Estate

      Third-Estate, Ilorin Group Petition FCCPC Over Exploitative Fares by Overland Airways

      Group Chief Executive Officer (GCEO), Bayo Ojulari

      Let Bashir Ojulari Drive NNPC Reforms By Abdullahi Mohammed

      Nigerian Teen Nafisa Aminu

      After Pantami’s Call for Rewards, President Tinubu congratulates Nigerian teens for…

      Troops Arrest Terrorist Collaborator Smuggling Fuel in Drink Bottles to Boko…

    • Government
      • Group Chief Executive Officer (GCEO), Bayo Ojulari

        Let Bashir Ojulari Drive NNPC Reforms By Abdullahi Mohammed

        Nigerian Teen Nafisa Aminu

        After Pantami’s Call for Rewards, President Tinubu congratulates Nigerian teens for…

        Secretary to the State Government, Alhaji Umar Farouk Ibrahim presenting the report to Kano State Governor Alhaji Abba Kabir Yusuf

        Kano Governor Receives Report on Commissioner’s Role in Bail Controversy

        Nigerian Teen Nafisa Aminu

        Pantami Urges Presidential Rewards for Nigerian Teen, Nafisa Aminu Who Topped…

        Secretary State Government Alhaji Umar Farouk Ibrahim receives report on Commissioner alleged role in drug baron bail

        Kano Govt Receives Report on Commissioner’s Alleged Role in Drug Baron’s…

  • Security
    • Alhaji Babangida Kogo of Yankuzo

      After Sustained NAF Airstrikes, Bandits Release Abducted Zamfara Monarch

      Military Troops in Action

      Troops Rescue 7 Abducted Victims in Taraba After Fierce Gun Battle

      IGP Commissions 300 housing units and new Police Facilities in Kano

      IGP Commissions Over 300 Housing Units, New Police Facilities in Kano

      a delegation from the Defence Headquarters’ Review Committee visited the headquarters of the 1 Division Nigerian Army in Kaduna,

      DHQ Moves to Update Joint Doctrine as GOC Hosts Review Team

      Customs Seizes Fake Drugs, Hands Over to NAFDAC in Port Harcourt

  • Features
    • Group Chief Executive Officer (GCEO), Bayo Ojulari

      Let Bashir Ojulari Drive NNPC Reforms By Abdullahi Mohammed

      Tinubu, Atiku and Peter Obi

      Atiku, Obi and the ‘Confused Marriage’ Called ADC

      Kwankwaso, Northern Nigeria and the Politics of Marginalisation

      Kemi Badenoch

      Kemi Oomoale Badenough: A Liar By no Other Name by Chief…

      DSS, NNPCL and EFCC

      NNPCL Controversy: Arewa Economic Forum Raises Alarm as EFCC, DSS Refute…

  • State
    • Third-Estate

      Third-Estate, Ilorin Group Petition FCCPC Over Exploitative Fares by Overland Airways

      IGP Commissions 300 housing units and new Police Facilities in Kano

      IGP Commissions Over 300 Housing Units, New Police Facilities in Kano

      Customs Seizes Fake Drugs, Hands Over to NAFDAC in Port Harcourt

      Secretary to the State Government, Alhaji Umar Farouk Ibrahim presenting the report to Kano State Governor Alhaji Abba Kabir Yusuf

      Kano Governor Receives Report on Commissioner’s Role in Bail Controversy

      Wasiu Akinwande AKA Olori Eso

      Police Arraign Notorious Lagos Assassin, Wasiu Akinwande on 11-Count Murder Charge

  • Event
    • Nigerian Teen Nafisa Aminu

      Pantami Urges Presidential Rewards for Nigerian Teen, Nafisa Aminu Who Topped…

      NIPR President Ike Neliaku and Customs Boss Bashir Adewale Adeniyi

      NIPR Lauds Customs’ Reputation Reforms, Announces Annual PR Officer Award

      Prof Pate donates laptops to UNIMAID

      Prof Pate donates 20 Laptop Computers to UNIMAID

      D'Tigress Basketball team

      Will Presidential Gifts Follow as Nigerian Female Basketballers D’Tigress Reach 5th…

      The Paramount Ruler of Oka-Akoko, His Imperial Majesty Oba (Dr) Yusuf Adebori Adeleye, OON, the Olubaka of Oka

      Olubaka of Oka Praises Foundation for “Best Oka Day” Festival

    • PR Nigeria Award
  • E-Paper
Home Anti-Corruption Man Bags Six Months Jail Term For N1.2m Stock Fraud
  • Anti-Corruption

Man Bags Six Months Jail Term For N1.2m Stock Fraud

By
Wilson Uwujaren
-
October 23, 2015
EFCC
EFCC
efccThe Economic and Financial Crimes Commission, EFCC, on Thursday, October 22, 2015, secured the conviction of one Bashir Olumuyiwa, Managing Director, Asset Multipliers and Growth Concept Limited, before Justice Abubakar Idris Kutigi of the Federal Capital TerritoryHigh Court, Abuja.
 
The convict was arraigned on  May 21, 2015 on an amended five-count charge of criminal breach of trust to the tune of  N1, 236,000.00 ( One Million Two Hundred and Thirty-Six Thousand Naira).

The offence is punishable under Section 312 of the Penal Code.
 
One of the counts reads:  “That you Bashir Olumuyiwa on or about the 5th day of February, 2008 at Abuja within the Abuja judicial division of the High Court of the Federal Capital Territory being entrusted with an Oando Share certificate valued at N310,000.00k( Three Hundred and Ten Thousand Naira), property of one Mr. Enoman Otom given to you for the purpose of stock trading, sold the shares and dishonestly converted the proceeds to your own use and thereby committed an offence punishable under section 312 of the Penal Code Law Cap 532 laws of the Federation of Nigeria( Abuja) 1990”.
 
 
Delivering his judgment, Justice Kutigi discharged and acquitted the convict on counts one, two and five; but found him guilty on counts 3 and 4 and sentenced him to six months imprisonment on both counts
The convict was also ordered to pay the sum of N236, 000.00 in restitution to the victim.
Wilson Uwujaren
Head, Media & Publicity
23rd October, 2015
PRNigeria encourages institutions to be transparent in their information management as it provides news items from authoritative sources for free use by the media
VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
Previous articleJimeta: Rescuers Evacuate Victims from Explosion at Jumuat Service
Next articleN789Million Subsidy Scam: EFCC Closes Case Against Majope Investment, 4 Others
Wilson Uwujaren
Wilson Uwujaren
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

Engr Abba Babagana Dalori

Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

Chinese nationals jailed in Lagos

Court Jails Nine Chinese Nationals for Cybercrime in Lagos

ASUU

Tackle Corruption, Institutional Decay – ASUU Charges FG

EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences Kano Make-Up Artist for Naira Abuse

PRNigeria logo fearured image

EFCC Arraigns Ex-Convict, Other for Naira Abuse in Lagos

EFCC Arrests 37 Suspected Internet Fraudsters in Ilorin

EFCC, CCC and the Battle Against Corruption in Nigeria, By Mukhtar Ya’u Madobi

Ola Olukoyede, EFCC Chairman

EFCC’s Anti-Corruption War: Between Media Trial and Intelligence-Driven Operations

Olayiwola Oguntade

Court Sentences Ex JAMB Staff for N10m Fraud in Ibadan

Diezani-Alison-Madueke

Nigeria, US sign MoU to repatriate $53m linked to former oil minister, Diezani

EFCC Sacks 27 Fraudulent Officers for Misconduct

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • After Sustained NAF Airstrikes, Bandits Release Abducted Zamfara Monarch
  • Third-Estate, Ilorin Group Petition FCCPC Over Exploitative Fares by Overland Airways
  • Troops Rescue 7 Abducted Victims in Taraba After Fierce Gun Battle
  • IGP Commissions Over 300 Housing Units, New Police Facilities in Kano
  • Let Bashir Ojulari Drive NNPC Reforms By Abdullahi Mohammed
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
After Sustained NAF Airstrikes, Bandits Release Abducted Zamfara MonarchThird-Estate, Ilorin Group Petition FCCPC Over Exploitative Fares by Overland AirwaysTroops Rescue 7 Abducted Victims in Taraba After Fierce Gun BattleIGP Commissions Over 300 Housing Units, New Police Facilities in KanoLet Bashir Ojulari Drive NNPC Reforms By Abdullahi MohammedAfter Pantami's Call for Rewards, President Tinubu congratulates Nigerian teens for Winning Global English CompetitionDHQ Moves to Update Joint Doctrine as GOC Hosts Review TeamCustoms Seizes Fake Drugs, Hands Over to NAFDAC in Port HarcourtTroops Arrest Terrorist Collaborator Smuggling Fuel in Drink Bottles to Boko Haram in MaiduguriKano Governor Receives Report on Commissioner’s Role in Bail ControversyPolice Arraign Notorious Lagos Assassin, Wasiu Akinwande on 11-Count Murder ChargeIGP Egbetokun Honours Police Officers of the Year, Holds Talks on Improved Retirement BenefitsPantami Urges Presidential Rewards for Nigerian Teen, Nafisa Aminu Who Topped Global English CompetitionNIPR Lauds Customs’ Reputation Reforms, Announces Annual PR Officer AwardCustoms Unveils Reputation Handbook to Guide Officers’ Conduct, Rebrand Agency
X whatsapp