A 45-year-old man identified as Adetunji Tunde Oluwasegun is set to serve a two-year jail term by the Kwara State High Court for squandering a sum of two million naira that was mistakenly transferred to his bank account.
He was arraigned on a one-count charge of stealing in front of Justice Sikiru Oyinloye of the Kwara State High Court sitting in Ilorin by the Zonal office of the Economic and Financial Crime Commission.
His offence contravenes Section 286 which is punishable under Section 287 of the Penal Code.
According to the charge;
That you, Adetunji Tunde Oluwasegun, sometime between July 2020 and 21st of August, 2020 at Ilorin, Kwara State, within the jurisdiction of this Honourable Court dishonestly took the sum of N2,000,000.00 (Two Million Naira), the property of Sherifat Omolara Sanni, which she erroneously transferred to your bank account 0008383333 domiciled with Guaranty Trust Bank plc, without her consent and thereby committed an offence contrary to Section 286 of the Penal Code and punishable under Section 287 of the same Penal Code
The accused pleaded guilty to the charge after it was read to him.
Consequently, Justice Oyinloye found Oluwasegun guilty of the offence and sentenced him to two years imprisonment with a fine of N200, 000 (Two Hundred Thousand Naira).
The judge also ruled that the convict repays to the victim the sum of N2million before the end of his jail term.