Augustine Ighodalo has been Sentenced to five years imprisonment for criminal offence bordering on retention of proceeds to the tune of $1,049,251.84.

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office,  secured the conviction and sentencing of  Ighodalo.

Justice Sherifat Solebo of the Special Offences Court sitting in Ikeja, Lagos passed the jail sentence on Ighodalo.

The convict was arraigned on September 26, 2019 on a three-count charge bordering on “transfer of criminal proceeds to a nominee”, following intelligence received by the Commission from the Federal Bureau of Investigation, FBI.

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