Charcoal Producers and Exporters Association President Sentenced to Jail for N7m Fraud
President of the National Association of Charcoal Producers and Exporters (NACPE), Edu Babatunde Azeez, has been sentenced to one year in prison by Justice H.H. Kereng of the Gombe State High Court. The fraud case involved N7 million.
Having pleaded guilty to two counts of conspiracy and obtaining money under false pretenses, Azeez and his company, Ablims Limited, faced the consequences.
The Economic and Financial Crimes Commission (EFCC), Gombe State Zonal Command, arraigned Azeez and his company based on a petition filed by Ayanbisi Ismail. Ismail alleged that Azeez defrauded him of N7,183,750, and all attempts to recover the money failed.
The charges outlined that Azeez and his company deceitfully acquired the money in December 2022, misleadingly claiming it was payment for expo...