How Man Defrauded Diamond Bank Of N30 Million

... Court Slams Seven-Year Jail Term

The  Lagos State High Court Igbosere led by Justice Josephine Oyefeso has slammed a man identified as Tunde Martins with a seven-year jail term for defrauding Diamond Bank for N30 million.

According to ChannelsTv news report,  the convict had obtained the said sum as a loan from Diamond Bank Plc, with a forged Certificate of Occupancy, C of O, and refused to pay back.

His journey to prison subsequently began after he was arraigned alongside his company, Centre Global Limited, by the Lagos Zonal Office of the Economic and Financial Crimes Commission, (EFCC), sometime in 2018 on a three-count charge, bordering on obtaining by false pretense, forgery and use of false documents, to which he pleaded not guilty.

READ ALSO: EFCC Recovers Over N4.16bn Unpaid Lottery Revenue

Prosecution counsel, Anita Imo, in the course of his trial tendered several documents and exhibits and called five witnesses to prove the guilt of the convict.

On September 23, 2020, Justice Oyefeso found him guilty of the offense but deferred the ruling to Monday, September 28, 2020.

Delivering her judgment today, Justice Oyefeso sentenced him to seven years imprisonment without an option of fine.

She also ordered that the company, Centre Global Limited, be wound up and all the money accrued from it be remitted to Diamond Bank Plc.