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N117.7m Fraud: Five convicted, jailed seven years in Lagos
Five persons have been convicted and sentenced to seven years’ imprisonment each for their involvement in a N117.7 million fraud case involving Chi Limited. Justice K.A. Jose of the Lagos State High Court sitting in Tapa, Lagos, handed down the sentences on Thursday, September 3, 2026, following their prosecution by the Lagos Zonal Directorate 1 […]
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Five jailed for seven years, ordered to repay N117.7m in restitution to company
The judge also ordered the five convicts to pay back the fraud proceeds in restitution to Chi Limited, the maker of Chivita and Hollandia, among other food and beverage products.
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EFCC secures seven-year jail terms for five over N117.7m fraud
The EFCC has secured seven-year jail terms for five individuals involved in a N117.7m fraud against Chi Limited. Learn more about the conviction.
