Property developer imprisoned for 2,670 years for N25m scam

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Property developer imprisoned for 2,670 years for N25m scam

A property designer, Alhaji Ayobami Oseni, has been condemned to 2,670 years detainment by an Ebute-Meta Chief Magistrates' Court for cheating 133 convenience searchers of N25 million.

Boss Magistrate O. O. Olatunji indicted Oseni after he conceded to 267 tallies of connivance, getting under falsifications and taking.

He got 10 years detainment on every one of the 267 checks without a choice of fine. The sentences, which are to run simultaneously, produce results from April 26, a year ago when Oseni was remanded in jail care after the denial of his safeguard.

The convict additionally relinquished his working to the Lagos State Government, which the court requested to offer it, and offer the returns among the 133 casualties.

At the point when his trial started on February 27, 2013, indicting counsel Abraham Fadipe, an Assistant Superintendent of Police (ASP), depicted him as the designer of a one-story working at 3, Church Close, Ajao Estate, Lagos.

He said the building contained four small scale pads and two independent flats. As indicated by Fadipe, Oseni acted like a landowner and raised opening signs around Ajao Estate while the building was under development.

He got rents, organization and assention charges going from N160,000 to N300,000 and totalling N25m from no less than 133 convenience searchers on the appearance that every one of them would get a loft in the building.

The arraignment called five witnesses, four of whom affirmed that when they touched base at the property to collect, it was at that point possessed. The planned inhabitants requested of the Lagos State Real Estate Transaction Department (LASRETRAD).

At the point when Fadipe asked him for what good reason he got cash from such a large number of individuals, Oseni stated: “As a developer, one must not reject money.”

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