The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, has secured the conviction and sentencing of one Augustine Ighodalo to five years imprisonment for criminal offence bordering on retention of proceeds to the tune of $1,049,251.84.
Ighodalo was made to appear before Justice Sherifat Solebo of the Special Offences Court sitting in Ikeja, Lagos.
The anti-graft spokesman, Wilson Uwujaren in a statement disclosed that “The convict was arraigned on September 26, on a three-count charge bordering on “transfer of criminal proceeds to a nominee”, following intelligence received by the Commission from the Federal Bureau of Investigation, FBI”.