Court convicts eight Yahoo boys, recovers N60m duplex, exotic cars

A Federal High Court in Ilorin has convicted  one David Oluseyi Ajewole, based in Ado-Ekiti, over offences bordering on internet fraud.

The presiding judge, Justice Muhammed Sani ordered the forfeiture of a Duplex building, situated at Lekki, Eti-Osa Local Government Area of Lagos, worth over N60 million.

He is also to forfeit RS 350 Lexus car worth over N6 million, which the convict procured with proceeds of his illegal activities to the Federal Government.

Ajewole was prosecuted alongside seven others over similar offence by the Ilorin Zonal Command of the Economic and Financial Crimes Commission (EFCC).

The seven others are Ebenezer Apata, Obadun Taofeek, Ayeni Kayode, Alade Daniel, Ojo Tobi, Adeyemi Segun and Akinrinmola Olumide, all from Oyo, Ondo, Osun and Ekiti states.

The convicts pleaded guilty to their charges.

Upon the guilty plea entered by the defendants, the prosecutors, Innocent Mbachie, Sesan Ola and Andrew Akoja reviewed the facts of the cases and narrated the circumstances surrounding the convicts’ arrest.

They tendered several materials recovered from the accused persons at the point of arrest and were all admitted as evidence.

The Counsel urged the court to consider the guilty plea of the defendants, their extra-judicial statements and evidence, as well as the provisions of the law in convicting them as charged.