A Federal High Court in Lagos sentences Sunmonu Olasunkanmi Thaoban, described in reporting as a “yahoo boys’ middleman,” to four years’ imprisonment for money laundering. Both outlets say Justice Akintayo Aluko of the Federal High Court (Ikoyi, Lagos) delivers the sentence after the Economic and Financial Crimes Commission (EFCC) Lagos Zonal Directorate 1 arraigns him on a two-count charge relating to money laundering. Daily Post Nigeria reports that the defendant pleads guilty to both counts before the court. Vanguard Nigeria similarly states that the case involves two money-laundering charges and that the court convicts and sentences him to four years. The reports agree on the court location, the presiding judge, the EFCC prosecuting authority, the number of counts, and the final prison term. Daily Post Nigeria also references a broader matter of illegal forex trading, but the confirmed sentencing reported in both sources centers on Thaoban’s conviction and four-year jail term for money laundering.
Court sentences Sunmonu Olasunkanmi Thaoban to four years for money laundering
A Federal High Court in Lagos sentences Sunmonu Olasunkanmi Thaoban, described in reporting as a “yahoo boys’ middleman,” to four years’ imprisonment for money laundering. Both outlets say Justice Aki...
- A Federal High Court in Lagos convicts Sunmonu Olasunkanmi Thaoban for money laundering.
- The prosecution is carried out by EFCC Lagos Zonal Directorate 1.
- The charge is brought on a two-count basis related to money laundering.
- Justice Akintayo Aluko presides over the case.
- The court sentences Thaoban to four years’ imprisonment.
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 post Court jails yahoo boys’ middleman four years for money laundering appeared first on Vanguard News.
2 hours agoThe Federal High Court sitting in Lagos has convicted and sentenced one Sunmonu Olasunkanmi Thaoban to four years’ imprisonment for money laundering. The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, arraigned Sunmonu on a two-count charge bordering on money laundering. Meanwhile, the defendant pleaded guilty to both count charges. After […] Court jails five over money laundering, illegal forex trading
1 day ago
Trump defends $1.8 billion anti-weaponization fund amid Blanche nomination standoff
President Donald Trump defends his proposal for a $1.8 billion “anti-weaponization fund” for defendants connected to the...
Kaduna Governor Uba Sani names Jerry Adams as running mate for 2027 election
Kaduna State Governor Uba Sani announces Jerry Adams, Executive Chairman of the Kaduna State Internal Revenue Service (K...
SPX Technologies reports Q2 2026 results and updates outlook
SPX Technologies, Inc. reports its second-quarter 2026 financial results and holds an earnings call to discuss performan...