Skip to content
October 19, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • N360m Fraud: Court Jails Man 74 Years for Stealing, Issuance of Dud Cheques in Lagos
  • National News

N360m Fraud: Court Jails Man 74 Years for Stealing, Issuance of Dud Cheques in Lagos

Admin June 10, 2025
FG vs ASUU

Judiciary symbol

June 10, 2025

Justice Josephine Oyefeso of the Lagos State High Court sitting in Ajah, Lagos, on Tuesday, June 10, 2025, convicted and sentenced one Chukwudi Okonkwo Goodness to 74 years imprisonment for stealing and issuance of dud cheques.

He was arraigned on June 6, 2016 on a 33-count charge bordering on stealing and issuance of dud cheques to the tune of N360,000,000.00 (Three Hundred and Sixty Million Naira) by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC.

One of the charges reads: “That you, Chukwudi Okonkwo Goodness, sometime between the months of June and July, 2015 at Ikeja, within the jurisdiction of the Honorable Court, fraudulently converted and stole the sum of N360, 000. 000.00 (Three Hundred and Sixty Million Naira), property of one Henry Nnadike and committed an offence of stealing by conversion contrary to Sections 278 and 285 of the Criminal Law of Lagos State, 2011.”

He pleaded “not guilty” to the charges preferred against him, thereby leading to his full trial.

During the trial, prosecution counsel, T.J. Banjo called four witnesses and presented several pieces of evidence to prove his case against the defendant.

Delivering judgment on Tuesday, Justice Oyefeso found Goodness guilty on 32 of the 33 counts and sentenced him accordingly.

The judge sentenced him to seven years imprisonment on count one of stealing.

He was sentenced to two years imprisonment on each of counts three to thirty-two for the issuance of dud cheques, without an option of fine.

The judge also sentenced him to seven years imprisonment on count 33, without an option of fine.

He was, however, discharged and acquitted on count two of possession of documents containing false pretence.

The sentences are to run concurrently.

The judge ordered him to restitute the sum of N215 million within 30 days of the judgment and further held that he might be considered for a fine thereafter.

The convict bagged his imprisonment when he was arrested for fraudulently converting and stealing the sum of N360m, property of one Henry Nnadike. The court found him guilty and convicted him.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Chukwudi Okonkwo Goodness EFCC Josephine Oyefeso

Post navigation

Previous Court hears suit challenging sale of Lafarge to Chinese Coy
Next LASG deepens global push for Adire, African fashion 

Related Stories

Court orders Interior minister to respond to suit seeking disclosure of NYSC records Federal High Court
  • National News

Court orders Interior minister to respond to suit seeking disclosure of NYSC records

October 19, 2026
Attack on convoy in Borno kills 15 including military personnel- Soldiers say
  • National News

Attack on convoy in Borno kills 15 including military personnel- Soldiers say

October 19, 2026
Premier Li Qiang of China Calls for Global Cooperation and Tech Integration in Traditional Medicine No media freedom in China
  • National News

Premier Li Qiang of China Calls for Global Cooperation and Tech Integration in Traditional Medicine

October 19, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Ondo ​‌‌‌⁠‍‍⁠⁠‍​⁠‍⁠‍‍‌​‌​Govt., firm sign MoU on electric vehicle operation Ondo state
  • metro

Ondo ​‌‌‌⁠‍‍⁠⁠‍​⁠‍⁠‍‍‌​‌​Govt., firm sign MoU on electric vehicle operation

October 19, 2026
Court orders Interior minister to respond to suit seeking disclosure of NYSC records Federal High Court
  • National News

Court orders Interior minister to respond to suit seeking disclosure of NYSC records

October 19, 2026
Attack on convoy in Borno kills 15 including military personnel- Soldiers say
  • National News

Attack on convoy in Borno kills 15 including military personnel- Soldiers say

October 19, 2026
Rice Blast Outbreak and Drought Devastate Harvests in Bauchi, Farmers Suffer Severe Losses
  • Business & Economy

Rice Blast Outbreak and Drought Devastate Harvests in Bauchi, Farmers Suffer Severe Losses

October 19, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.