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Reading: Fake Nigerian Crude Oil Merchant Adesanya Olufemi Jailed
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Afnews > Blog > News > Fake Nigerian Crude Oil Merchant Adesanya Olufemi Jailed
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Fake Nigerian Crude Oil Merchant Adesanya Olufemi Jailed

Afnews Editor
September 14, 2020
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A fake crude oil merchant, Adesanya Olufemi, has been sentenced to 21 year imprisonment, for defrauding a lady, Oluwatoyin Akinwole, of N33, 617.000.

Justice Mojisola Dada of the Special Offences Court, sitting in Ikeja passed the sentence on Monday.

The convict was arraigned by the Lagos zonal office of the Economic and Financial Crimes Commission, (EFCC), alongside one Awojobi Ganiu, on December 11, 2018 on a four-count charge bordering on stealing and obtaining money by false pretence to the tune of N33.617 million.

The petitioner, Oluwatoyin Akinwole, alleged that the defendants, who claimed to be into crude oil business, had approached her to join them in the business sometime in 2017.

However, the defendants, after receiving money from her, reneged on the agreement mutually made by them.

One of the counts read: “ That you, Adesanya Olufemi and Awojobi Ganiu sometime in 2017 at Lagos , within the Ikeja Judicial Division, with intent to defraud, fraudulently obtained the sum of N33,617.000 (Thirty-Three Million, Six Hundred and Seventeen Thousand Naira) by false pretence, property of Mrs. Oluwatoyin Akinwole, on the representation that you are into crude oil business, which representation you knew was false.”

The defendants pleaded not guilty to the charge when they were read to them, thereby leading to their full trial.

However, the trial eventually involved Olufemi alone, as the second defendant, Ganiu opted for a plea bargain by pleading guilty to the charge.

During the course of the trial of Olufemi, prosecution counsel, Daji Samuel, presented five witnesses, including Akinwole, also known as Toyin Texas, and also tendered several documents that were admitted in evidence by the court.

Delivering her judgment, Justice Dada convicted and sentenced Olufemi to 14 years imprisonment on count one and another 14 years on count two.

He was also convicted and sentenced to seven years imprisonment on count four.

However, he was discharged on count three.

The sentences will run concurrently from the date of his arraignment.


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