By Innocent Anaba
Justice Akintayo Aluko of the Federal High Court sitting in Ikoyi, Lagos, has convicted and sentenced Sunmonu Olasunkanmi Thaoban to four years’ imprisonment for money laundering offences.
Sunmonu was prosecuted by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) on a two-count charge bordering on money laundering.
The EFCC alleged that the convict, while acting as a middleman in 2023, disguised the origin of ₦16 million believed to be proceeds of unlawful activities by converting the funds into a black 2018 G-Wagon Jeep.
The prosecution said the offence contravened provisions of the Money Laundering (Prevention and Prohibition) Act, 2022.
