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Ajah-based Lagos High Court Judge Josephine Oyefeso sentenced Chukwudi Okonkwo Goodness to 74 years in prison for stealing ₦360 million and giving his victim counterfeit checks.
The verdict, which was handed out Tuesday, reportedly ends a nine-year trial that started in June 2016 when Goodness was charged with 33 counts of fraud, theft, and issuing fraudulent financial instruments by the Economic and Financial Crimes Commission (EFCC).
Between June and July 2015, Goodness allegedly fraudulently converted Henry Nnadike’s ₦360 million.
A portion of the charge sheet stated, “That you, Chukwudi Okonkwo Goodness, sometime between June and July 2015 at Ikeja… fraudulently converted and stole the sum of ₦360,000,000.00… and committed an offense of stealing by conversion contrary to Sections 278 and 285 of the Criminal Law of Lagos State, 2011.”
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Goodness entered a not guilty plea to each of the 33 counts. In order to support the accusations, prosecuting attorney T.J. Banjo called four witnesses and submitted numerous exhibits during the trial.
Goodness was only found not guilty on the count of possessing forged documents, while Justice Oyefeso found him guilty on 32 of the 33 counts.
The following punishments were handed down by the court:
7 years in prison on count 1 of theft;
two years on counts three through thirty-two for issuing faulty checks, with no possibility of a fine;
7 years on count 33, without the possibility of a fine as well.
The judge mandated that all of the sentences be served concurrently, which translates to a total of seven years behind bars.
Additionally, the court ordered Goodness to give the victim a refund of ₦215 million within 30 days of the ruling. The offender can only be eligible for a fine once the refund has been issued, according to Justice Oyefeso’s ruling.