The Chief Executive Officer, Micheno Multi-purpose Cooperative Society, Uno Michael Eke has been sentenced to one year imprisonment over N2 billion fr
The Chief Executive Officer, Micheno Multi-purpose Cooperative Society, Uno Michael Eke has been sentenced to one year imprisonment over N2 billion fraud in Calabar, Cross River State.
Justice Rosemary Dugbo Oghoghorie of the Federal High Court sitting in Calabar convicted and sentenced Eke to one year for conspiracy, obtaining property by false pretence and money laundering.
The convict was jailed after pleading guilty to four-count amended charges preferred against him by the Uyo Zonal Directorate of the Economic and Financial Crimes Commission (EFCC).
In view of his guilty plea, prosecution counsel, Joshua Abolarin prayed the court to convict the defendant based on the charges before the court. However, the defence counsel, Ime Umanah informed the court of a plea bargain agreement before the court and prayed for a lighter jail term for his client.
The judge, after considering the plea of the convict and evidence before the court, convicted and sentenced Eke to one year imprisonment or an option of fine of N2 million.
Also, the convict was ordered to forfeit the following to the Federal Government of Nigeria: 12 flats of 2 bedrooms each located by Goodluck Jonathan bypass, Calabar River State, two plots of land (4.162 hectares and 3.391 hectares) both located at Adiabo Ikot Mboout Community Land, Odupkpani LocAl Government Area, Cross River State, two plots of land located at Akai Effa, Calabar Municipality, Cross River State and 18 self-contained flats (storey building), located beside University of Calabar, Ita-Agbor, Calabar, Cross River State and N10 million recovered during investigation.
The judge ordered that all monies recovered from the convict should be restituted to victims listed in all the charges.
Eke was arrested for collecting huge sums of money from different unsuspecting victims with a promise of 80% return on investment within 40 days. The funds were used to acquire landed properties and houses in Calabar, Cross River State.
