Justice Okon Abang of a Federal High Court in Lagos on Friday convicted and sentenced seven men to a prison term of 84 years for dealing in 1,459 metric tonnes of Premium Motor Spirit without obtaining lawful authority.
The convicts, who will each serve a jail term of 12 years, commencing from Friday, are Adedamola Ogungbayi, Olaniran Olabode, Suraju Gasali and Moses Emmanuel.Others are Wilson Bonsi, Okaraodi Uche and Onyeogo Happy.
The judge also ordered the forfeiture of the vessel, MT Good Success, used by the convicts in perpetrating the crime, as well as the recovered petroleum product to the Federal Government.
In addition, Abang further ordered the forfeiture of the sums of N66.6m and $975,000 belonging to the convicts’ company, Hepa Global Energy Limited, domiciled with the First City Monument Bank.
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