Anti-corruption and elections / EFCC

Lagos Court Jails Man One Year for N37m Forex Fraud

Justice Olubunmi Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos, on Monday, February 16, 2023, convicted and sentenced one Henry Daniel to one year imprisonment for N37m foreign exchange fraud. The convict was arraigned by the Economic and Financial Crimes Commission, EFCC, Lagos Zonal Directorate 1, Ikoyi, on a two-count charge bordering on obtaining money by false pretence and stealing. Count one reads: “That you, Daniel Henry (trading under the name and style of Equigro Financial Services), sometime between January and October 2020, in Lagos within the jurisdiction of th…