A federal high court in Ibadan, the Oyo State capital, has convicted Raphael Davies of money laundering.
Davies was sentenced by Justice Joyce Abdulmalik for 24years, on Monday.
The prosecution counsel, Simon Ibekwute, urged the court to convict and sentence Davies accordingly.
According to the judge, the EFCC had convinced the court beyond reasonable doubt, hence Davies was guilty as charged.
He was sentenced to 36 months on each of the counts. His prison terms run concurrently and take effect from his arraignment date of February 19, 2018.
He was arrainged following an anonymous petition alleging that Davies serially used fictitious addresses and fake PayPal account to purchase items online, with the intention to defraud unsuspecting members of the public.
The Commission’s investigations into the allegations led to his arrest and prosecution.
