![L-R: Managing Director, BGL Securities Limited, Arnold A. Dublin-Green; Assistant Vice President, Financial Derivatives Limited, Dr. Ifeoma Nwokolo; CEO, Centre for the Promotion of Private Enterprise [CPPE], Muda Yusuf (speaker); Chairman of the Occasion, Chief Paul Usoro; Dean, Lagos Business School, Information Systems, Prof. Olayinka David-West; Managing Director/CEO, Financial Derivatives Company, Bismarck Rewane; Group Chief Branding & Communications Officer, Dangote Industries Limited, Anthony Chiejina at Dangote Petroleum Refinery & Petrochemicals IPO Roadshow tagged “Back to where it all began” in Port Harcourt. Rivers State on Monday, October 12, 2026…](https://pmparrotng.com/wp-content/uploads/2026/10/Dangote-imagee-180x135.jpg "As Dangote Refinery’s IPO Nears Close, Small Investors Take Center Stage")
Justice Ibrahim Watilat of the Federal High Court, Abeokuta, Ogun State, on Tuesday, convicted and sentenced two internet fraudsters, Tobiloba Stephen Shokunbi and Emmanuel Korede Oladunjoye, to six months and four months imprisonment respectively.
The duo were found guilty of amended charges of criminal impersonation separately filed against them by the Economic and Financial Crimes Commission, EFCC, Ibadan Zonal Office.
The offence runs contrary to Section 22 (2) (b) (i) of Cybercrimes (Prohibition, Prevention etc.) Act, 2015 and punishable under Section 22 (2) (b) (iv) of the same Act.
They pleaded guilty to the charges when read to them.
While delivering his judgment, Justice Watilat ordered that the convicts forfeit all the items recovered from them in the course of investigation.
He also ordered Shokunbi and Oladunjoye to restitute $1,000 (One Thousand United States Dollars), and $160 (One Hundred and Sixty US Dollars) and N200,000 (Two Hundred Thousand Naira) respectively to their victims.
Packaged by Emmanuel Okafor
