Court jails man 15 years over investment fraud in Gombe

The Economic and Financial Crimes Commission, Gombe zonal office, has secured the conviction of one Hassan Abubakar before Justice Abubakar Jauro of Gombe State High Court on 15 count charges bordering on criminal breach of trust.

Hassan, who hails from Donga Local Government of Taraba State was arraigned sometimes in 2019 following a petition by one Abubakar Suleman of Akko Local Government Area of Gombe State, alleging that, in 2017, the convict diverted the sum of N1.5 million which he invested in a rice farming business jointly owned by them.

Upon arraignment, Abubakar pleaded not guilty, setting the stage for trial.

Justice Jauro, in his judgment, said the prosecution through its counsel A. M. Ocholi proved its case beyond a reasonable doubt. He convicted and sentenced the defendant to one-year imprisonment on each of the 15 counts. The sentences are to run consecutively.

Hassan was however given an option of N75, 000 fine and directed to pay the complainant the amount in question in restitution. 

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