Ex NAICOM Chief sentenced to 15 years in prison for N10.4m fraud

Find the Independent Corrupt Practices and Other
Related Offences Commission ICPC press release
below...
Okechukwu Chukwulozie, a former
Commissioner of the National Insurance
Commission (NAICOM) yesterday began his
journey to Kuje Prison in Abuja to serve 15
years over N10.4 million fraud.
He was convicted last Wednesday at an Abuja
High Court on 5 counts charge for using private
interest to furnish his official residence and
demanding for a percentage in a contract he
awarded. Continue...

The Independent Corrupt Practices and Other
Related Offences Commission(ICPC),in 2007
jointly charged Chukwulozie, his wife, Angela;
and a former Deputy Commissioner in charge of
Finance and Administration, Adedolapo Ogungbe
to court the N10.4 million fraud without option
of fine.
It was yesterday that Chief Chukwulozie began
his journey to Kuje prison from ICPC detention
cell as it was late yesterday to convey him to
Kuje after securing his conviction papers.
Delivering judgment, Justice Mudashiru Oniyangi,
said that the court sentenced Chukwulozie to
three years on each of the five counts he is
convicted for and it will run concurrently.
Oniyangi, held that the ICPC had proved all the
ingredients of Section 19 of the the ICPC Act
against him.

“The ICPC has proved beyond reasonable doubt
that a commissioner of NICON, Chukwulozie,
demanded fifty per cent of fees paid to
liquidators of Gateway Insurance Plc.
“Beyond reasonable doubt is the standard of
evidence required to validate a criminal
conviction. Generally the prosecution bears the
burden of proof and is required to prove their
case.
“The prosecution has presented to court
evidence to support its charges against the
convict.
“In this case, they have done so. The court
hereby sentences you to three years each on
each of the five counts level against you, which
will run concurrently.
However, Justice Oniyangi held that the ICPC
had failed to prove its case against the second
(Angela) and third accused (Ogungbe) persons.
“The court discharges the second and third
accused persons charged with aiding and
abetting the crime.