Lagos businesswoman sentenced to 17 years in prison for N57.6m fraud

Lagos State High Court sitting in Ikeja on Thursday, December 12, convicted and sentenced a businesswoman, Oluremi Ebun Phillips, to 17 years imprisonment for defrauding a company, AYM Shafa Limited, of N57,690,000. Nigeria’s EFCC said Phillips and her company, Omritas Energy Limited, sometime in 2016, in Lagos, fraudulently converted and stole the sum of N57,690,000, […]

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