Showing posts with label N1 billion. Show all posts
Showing posts with label N1 billion. Show all posts

Tuesday, January 8, 2013

2 Pastors Jailed Ten Years Over N1 Billion Deposit Scam




A Nigerian High Court has sentenced two ‘men of God’, Pastor Glory Abrefera and Reverend Vincent Okpogo to 10 years imprisonment each over a N1 billion deposit scam.
Justice Ibrahim Buba of the Federal High Court in Asaba, capital of Delta state, found the duo and their company, Mustard Seed Micro Investment Limited guilty on a four count charge of carrying out banking practice without licence.
The accused persons were said to have collected over N1 billion from different individuals and organizations as deposits in an illegal banking practice.
They have also failed to account for all the deposits they collected.

ST

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