Yahoo Boys Who Duped British, Turkish Airways Jailed Three Years

…Forfeit N206m, cars, houses to FG

An Ikeja Special Offences Court has sentenced two men, Tobiloba
Ibrahim Bakare and Alimi Seun Sikiru, to three years imprisonment
each, for hacking the emails of British Airways, Turkish Airways
and KLM, and stealing no fewer than $750,000 and N120million.

Justice Oluwatoyin Taiwo, who convicted the duo, also forfeited
their N204, 041,216.82 cash to the federal government, among other
luxury cars and houses in highbrow parts of Lagos.

The other properties forfeited are a Mercedes Benz E500, a
Toyota Hilux 2020 model; a five-bedroom duplex at Ibrahim Beto
Street, Osapa London, Lekki, Lagos; a four-bedroom semi-detached
duplex at Ologolo Jakande, Lekki, and a four-bedroom semi-detached
duplex in Southern View Estate, Mayor Court, Chevron Alternative
Road, Lekki, Lagos.

Justice Taiwo sentenced Bakare and Sikiru on Monday, following
their guilty plea to six counts of conspiracy and retaining of the
stolen items, and the plea bargain agreement they entered with the
Economic and Financial Crimes Commission (EFCC.

EFCC counsel, Idris Mohammed, had told the judge that the
offences contravened sections 411 and 328(1) and were punishable
under Section 328 of the Criminal Law of Lagos State, 2015.
In reaching a decision on their guilt, the judge also considered
the facts of the case as reviewed by the Commission.

Idris told the court that the EFCC received credible
intelligence of an alleged case of suspicious transaction and Money
Laundering reported on September 2, 2020, following which its
Advance Fee Fraud Section began Investigation.

…Forfeit N206m, cars, houses to FG

An Ikeja Special Offences Court has sentenced two men, Tobiloba
Ibrahim Bakare and Alimi Seun Sikiru, to three years imprisonment
each, for hacking the emails of British Airways, Turkish Airways
and KLM, and stealing no fewer than $750,000 and N120million.

Justice Oluwatoyin Taiwo, who convicted the duo, also forfeited
their N204, 041,216.82 cash to the federal government, among other
luxury cars and houses in highbrow parts of Lagos.

The other properties forfeited are a Mercedes Benz E500, a
Toyota Hilux 2020 model; a five-bedroom duplex at Ibrahim Beto
Street, Osapa London, Lekki, Lagos; a four-bedroom semi-detached
duplex at Ologolo Jakande, Lekki, and a four-bedroom semi-detached
duplex in Southern View Estate, Mayor Court, Chevron Alternative
Road, Lekki, Lagos.

Justice Taiwo sentenced Bakare and Sikiru on Monday, following
their guilty plea to six counts of conspiracy and retaining of the
stolen items, and the plea bargain agreement they entered with the
Economic and Financial Crimes Commission (EFCC.

EFCC counsel, Idris Mohammed, had told the judge that the
offences contravened sections 411 and 328(1) and were punishable
under Section 328 of the Criminal Law of Lagos State, 2015.
In reaching a decision on their guilt, the judge also considered
the facts of the case as reviewed by the Commission.

Idris told the court that the EFCC received credible
intelligence of an alleged case of suspicious transaction and Money
Laundering reported on September 2, 2020, following which its
Advance Fee Fraud Section began Investigation.