Martins, to 13 years imprisonment for $200,000 (Two Hundred Thousand
Dollars) fraud before Justice Candide-Johnson of the State High Court
sitting in Ikeja, Lagos.
The convict and her company, Baal Perazim Investment Concept Limited,
were arraigned sometime in 2013 on a four-count charge bordering on
conspiracy, issuance of dud cheque and obtaining money by false
The defendants pleaded not guilty to the charge preferred against them
by the Commission.
The prosecution, upon opening of its case in November 2013, called five
witnesses and tendered several exhibits, which were admitted in evidence
by the court.
While the prosecution was about to call its last witness, the first
defendant changed her plea of not guilty to guilty during the January
29, 2019 sitting.
In view of the defendants’ plea of guilty, the prosecution urged the
court to convict and sentence the defendants based on the evidence
already before the court.
Delivering his judgment on May 23, 2019, Justice Candide-Johnson
convicted and sentenced the first defendant to 13 years imprisonment on
the four counts.
The Judge also ordered the defendants to restitute the sum of N30,
000.000.00(Thirty Million Naira) to the nominal complainant after
release from custody.