EFCC: Businessman Alozie David Bags 9 Years Jail Term for Fraud

Justice T. U. Uzokwe of the Abia State High Court, Aba, has convicted and sentenced one Alozie David to 9 years imprisonment for issuance of dud cheque and obtaining money by false pretence.

The convict was prosecuted by the Economic and Financial Crimes Commission, EFCC on an amended 2-court charge of issuance of dud cheque and obtaining money by false pretence.

One of the count reads, “that you,  Alozie David, male and Royal Nature Nigeria Limited, on or about the 31st day of August, 2009 at Aba, Abia State, within the jurisdiction of the High Court of Abia State, did issue an Ecobank cheque No. 01737257 for the sum of N10, 517,940.00 (Ten Million, five hundred and seventeen thousand, nine hundred and forty naira) to one Mr. Emeka Nwokeocha when you knew that you had insufficient money in the account and was returned unpaid upon presentation and thereby committed an offence.”

The offence is contrary to section 1(1) (a) Dishonoured cheques (offences) Act Cap D11 Laws of the Federation Revised Edition 2007 and punishable under section 1(1) (b) of the same Act.

In a judgment delivered on March 26, 2014, Justice Uzokwe sentenced the accused to two years (2) imprisonment on count 1 which bordered on issuance of dud cheque and seven (7) years imprisonment on count 2 for obtaining money by false pretence. The sentences are to run concurrently from the date of conviction.

The convict and his company, Royal Nature Nigeria Limited were also fined five thousand naira.
Justice Uzokwe also granted the prayers of the prosecuting counsel, Innocent Mbachie, that the convict makes restitution to his victim in the sum of Ten Million, five hundred and seventeen Thousand, nine hundred and forty naira (N10, 517,940.00).

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