Justice Oluwatoyin Taiwo, who convicted the duo, also forfeited their N204, 041,216 cash to the Nigerian government, among other luxury cars and houses in the highbrow parts of Lagos.
An Ikeja Special Offences Court in Lagos State has sentenced two internet fraudsters, otherwise known as Yahoo boys, Tobiloba Ibrahim Bakare and Alimi Seun Sikiru, to three years imprisonment each, for hacking the electronic mails of aviation giants, British Airways, Turkish Airways and KLM, and stealing no fewer than $750,000 and N120 million.
According to Nation, Justice Oluwatoyin Taiwo, who convicted the duo, also forfeited their N204, 041,216 cash to the Nigerian government, among other luxury cars and houses in the highbrow parts of Lagos.
The other properties forfeited are a Mercedes Benz E500; a Toyota Hilux 2020 model; a five-bedroom duplex at Ibrahim Beto Street, Osapa London, Lekki, Lagos; a four-bedroom semi-detached duplex at Ologolo Jakande, Lekki; and a four-bedroom semi-detached duplex in Southern View Estate, Mayor Court, Chevron Alternative Road, Lekki, Lagos.
Justice Taiwo sentenced Bakare and Sikiru on Monday, following their guilty pleas to six counts of conspiracy and retaining of the stolen items, and the plea bargain agreement they entered with the Economic and Financial Crimes Commission.
The EFCC counsel, Idris Mohammed, had told the judge that the offences contravened sections 411 and 328(1) and were punishable under Section 328 of the Criminal Law of Lagos State, 2015.
In reaching a decision on their guilt, the judge also considered the facts of the case as reviewed by the Commission.
Idris told the court that the EFCC received credible intelligence of an alleged case of suspicious transaction and money laundering reported on September 2, 2020, following which its Advance Fee Fraud Section began an investigation.