RismadarVoice Reporters, August 29, 2026
The Federal High Court sitting in Ikoyi, Lagos, has convicted and sentenced two persons for money laundering and fraudulent impersonation.
The Economic and Financial Crimes Commission, EFCC, said the convicts, Agboola Abdullahi Abiodun and Victor Okonjo, jo were separately arraigned before Justice F. N. Ogazi on charges bordering on money laundering and cybercrime.
The defendants pleaded guilty to the charges.
Justice Ogazi sentenced Agboola Abiodun to four years’ imprisonment on one count and one year each on two other counts.
Victor Okonjo was sentenced to one year imprisonment with an option of a five hundred thousand naira fine on one count and four years imprisonment on another count.
The court ordered that the sentences should run concurrently from the date of their arrest.
The judge also ordered the forfeiture of their mobile phones, laptops, a Toyota Venza and a 2020 Mercedes-Benz to the Federal Government.
The court further directed that the forfeited assets be sold and the proceeds returned to the victims or paid into the Federal Government’s coffers where the victims cannot be traced.
