JAMB’s ex-employee gets five years sentence for N10m fraud

An Oyo State High Court has convicted and sentenced Olayiwola Oguntade, a former staff of the Joint Admission and Matriculation Board (JAMB) to five years in prison for fraud.

Oguntade’s case has been in court since 2020 when he was arraigned by the Ibadan Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on October 13, 2020.

He was accused of forgery, advance fee fraud and obtaining by false pretense to N10,000,000 (Ten Million Naira).

According to the EFCC, the former JAMB staff forged a Local Purchase Order (LPO)and Letter of Domiciliation and obtained a loan of N10 million with the documents from Polybadan Microfinance Bank.

He did this under the false pretense of executing a contract he claimed was awarded to him by JAMB for providing internet services.

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Afterward, Oguntade handed the forged documents over to his friend, K. Ola Al-Amin, a customer of the microfinance bank and directed him to present them to the bank in his own (Al-Amin’s) name.

Convinced by his words, Alamin secured the loan and transferred the money to three different bank accounts.

The former JAMB staff also deceived him into believing that the money was meant to purchase quipment and installations for the purported internet services.

Oguntade, however, pleaded not guilty to the charges.

The prosecution counsel for the EFCC called 10 witnesses and tendered several incriminating documents against him that were admitted in evidence to prove his guilt during his four-year trial.

The presiding judge, Justice Bayo Taiwo, found him guilty and convicted him of fraud.

“The prosecution has proved its case beyond reasonable doubt and the court is convinced that the defendant is guilty of the offences filed against him by the EFCC,” said the judge.