Man Obtains N30m Bank Loan With Fake Documents, To Spend 7 Years In Jail

One Tunde Martins has been sentenced to seven years in prison for obtaining a N30 million bank loan with forged documents and failing to pay back.

He was sentenced by Justice Josephine Oyefeso of the Lagos State High Court Igbosere, Lagos.

A statement issued on Monday by EFCC Spokesman, Wilson Uwujaren, said Martins was found guilty on September 23, but Justice Oyefeso deferred ruling to today, Monday.

Uwujaren disclosed that the convict had used a forged Certificate of Occupancy (C of O) to obtain the loan from Diamond Bank, and refused to pay back.

He said: “His journey to prison subsequently began after he was arraigned alongside his company, Centre Global Limited, by the Lagos Zonal Office of the Economic and Financial Crimes Commission (EFCC) sometime in 2018 on a three-count charge, bordering on obtaining by false pretence, forgery and use of false documents, to which he pleaded not guilty.

“Prosecution counsel, Anita Imo, in the course of his trial tendered several documents and exhibits and called five witnesses to prove the guilt of the convict.”

According to the anti-graft agency spokesman, Justice Oyefeso, in delivering her judgement, sentenced him to seven years imprisonment without an option of fine.

She also ordered that the company, Centre Global Limited, be wound up and all the money accrued from it be remitted to Diamond Bank Plc.