The Federal High Court sitting in Calabar, Cross River State has sentenced doctor Geraldine Orok Ita to seven years in prison for fraud and transfer of 127 million guilds.
This was disclosed in a statement by the Procuratorate, the Economic and Financial Crime Commission (EFCC) on Saturday, February 8.
According to the statement, trial judge Rosemary Oghogho-rie was convicted and sentenced to Ms. ITA at the end of the trial that began in 2019.
Ms. ITA faces 12 counts, including a June 11, 2014 document, allegedly signed by Rose Orok Ita, director of Sharpnet Concept Limited.
Another charge accused her of interested in receiving N45 million guilds through a bank account of ROK Projects Limited, which resides in the First Bank. According to the allegations, the University of Calabar paid the money to a project carried out by Rok Projects Limited and Sharpnet Concept Limited.
EFCC accused her in 2019 under various legal provisions, including Section 1 (2) (c) of miscellaneous offences, CAP M17, federal law and Nigerian law, in 2004, the Act concerns documents, checks, promissory notes or other possible Forgery of transfer tools. It offers 21 years in prison without the option of fines.
The Commission also charged her with her under section 15(2)(d) of the Money Laundering (Prohibition) Act 2011, which criminalizes her as control of any property or fund or owning the property or fund is part of the proceeds bill. crime. Article 16 of the Act provides that upon conviction, such a person may be sentenced to jail for no less than five years, or five times the value of the proceeds of the crime.
The doctor pleaded not guilty to the charge.
During the subsequent trial, the prosecutor led by Joshua Abolarin convened various witness and tender documentary exhibitions to support the case.
The trial judge ruled in the judgment that the prosecution proved no doubt about her case, prompting her to sentence the defendant to seven years in prison.
According to the EFCC statement, two directors of Sharpnet Concept Limited and Rok Project Limited filed a petition at the EFCC and filed a trial against ITA MS in 2019.
The petitioner accused her of forging and fraudulently changing the company’s documents, removing the two initial directors from the company’s records in her own way, and claiming that she was the second wife of Orok Okonkon ITA who died in 2004.
The petitioner further claimed that in addition to making the fraudulent changes, the offender appointed a new company secretary on November 6, 2014 and changed the registered address of the company 25 Uyo Street, Harcourt Market Road, Rivers.
She also reportedly redistributed and distributed returns to stocks.
