An Oyo State High Court in Ibadan has sentenced a former staff member of the Joint Admissions and Matriculation Board (JAMB), Olayiwola Oguntade, to five years in prison for N10 million fraud.
Oguntade was convicted on charges of forgery, advance fee fraud, and obtaining money by false pretence following a trial that lasted over four years.
The Economic and Financial Crimes Commission (EFCC) had arraigned him on October 13, 2020, on a three-count amended charge. Despite pleading not guilty, the prosecution, led by Oyelakin Oyediran and Lanre Suleiman, presented ten witnesses and several incriminating documents to prove the case against him.
Fraudulent Acts
One of the charges revealed that Oguntade, in 2010, fraudulently obtained ₦10 million from Polybadan Microfinance Bank Ltd under false pretence. Another charge accused him of forging a Local Purchase Order (LPO) titled “Re: Supply of Internet Services”, purportedly issued by JAMB, to facilitate the fraud.
Court’s Ruling
In a ruling on January 28, 2025, Justice Bayo Taiwo held that the prosecution had proved its case beyond a reasonable doubt. He, therefore, convicted and sentenced Oguntade to five years imprisonment without an option of fine.
The EFCC confirmed the conviction in a statement released via its official X handle on February 5, 2025.
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