Five car dealers in Sokoto are sentenced to twenty-five (25) years in prison for violating SCUML regulations.
The car dealers were found guilty on Thursday, June 30, 2022 after pleading guilty to separate counts.
Based on their pleas, EFCC lawyer SH Sa’ad requested the court to convict and sentence them accordingly.
In his judgment, Judge Omotosho sentenced them to five years imprisonment each, with an option of a fine of N125,000.00 each.
The EFCC had taken the car dealers to court in March before Judge James Kolawole Omotosho of the Federal High Court in Sokoto.
Federal High Court Sokoto Judge JK Omotosho found guilty and sentenced five car dealerships in Sokoto for flouting the provisions of the Prohibition of Money Laundering Act 2011 regarding the submission of reports to the Special Anti-Money Laundering Control Unit (SCUML).
The car dealers were found guilty on Thursday, June 30, 2022 after pleading guilty to separate charges during their arraignment by the Sokoto Zone Command of the Economic and Financial Crimes Commission.
The convicts are Shehu Ahmad (Ijabah Motors), Shehu Maria (Jangwarzo General Motors), Aliyu Dauda (KGN Gumbi Motors), Tukur Shehu (Daraja Motors 2) and Umaru Yabo (Gamji Motors).
Based on their pleas, Economic and Financial Crimes Commission (EFCC) attorney SH Sa’ad requested the court to convict and sentence them accordingly.
In his judgment, Judge Omotosho convicted the five car dealers and sentenced them to five years imprisonment each, with an option to fine N125,000.00 each. The judge further ordered them to abide by the SCUML regulations from now on.
The EFCC’s Sokoto Command Special Anti-Money Laundering Control Unit had on March 16, 2022 indicted the five car dealers and their companies for breaching the provisions of the Money Laundering (Prohibition) Act 2011 (as amended) in 2012.
According to some information, the accused failed to submit declarations of activities in accordance with the regulations in force on the identification of customers and the return of returns on transactions to the Special Unit for the Control against Money Laundering ( SCUML).
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