Nigeria, Aug. 26 -- The Lagos State High Court in Ikeja, on Monday, convicted mortgage banker Suleiman Gbajabiamila of defrauding a victim of N31 million through a property transaction.

Judge I. O. Ijelu convicted Mr Gbajabiamila on all seven counts of stealing, forgery, using false documents, obtaining by false pretences and retention of proceeds of crimes brought against him by the Economic and Financial Crimes Commission (EFCC).

The judge sentenced him to various terms of imprisonment ranging from two to seven years, although with varying options of fines totalling N4.7 million.

According to a statement EFCC shared via its X handle on Monday, investigation prompted by a petition from the fraud victim, Lateef Adeyemo, revealed that t...