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Court Convicts Chukwudi Okonkwo Goodness for N360m Fraud, Hands Down 74-Year Jail Term

A Lagos State High Court sitting in Ajah has convicted and sentenced Chukwudi Okonkwo Goodness to 74 years imprisonment for stealing and issuing dud cheques amounting to N360 million.

Justice Josephine Oyefeso delivered the judgment on Tuesday, June 10, 2025, bringing to a close a prolonged trial that began with Goodness’ arraignment in June 2016 by the Economic and Financial Crimes Commission (EFCC).

The defendant was found guilty on 32 out of 33 counts bordering on fraudulent conversion of funds and issuance of dishonoured cheques to the complainant, Henry Nnadike.

The offence took place between June and July 2015.

In her ruling, Justice Oyefeso sentenced Goodness to seven years for stealing and two years each on 30 counts related to issuing dud cheques. An additional seven-year sentence was imposed on count 33.

All sentences are to run concurrently. He was acquitted on one count of possessing documents containing false pretence.

The court also ordered him to pay restitution of N215 million within 30 days, stating that he may be considered for a fine thereafter.

Justice Oyefeso held that the prosecution, led by T.J. Banjo, proved its case beyond reasonable doubt, following testimony from four witnesses and the presentation of documentary evidence.

The court’s decision underscores the judiciary’s commitment to upholding financial integrity and deterring white-collar crime.

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Akinlade I. WAHAB is a dedicated journalist and the proprietor of I-WAHAB Media. He embarked on his career at Murhi International TV (MiTV) and subsequently joined Radio Nigeria as a Judicial Correspondent.With a profound interest in legal reporting, he currently holds the positions of Chairman at the National Association of Judicial Correspondents (NAJUC), Ikeja Branch, and Chairman at the Nigeria Union of Journalists (NUJ), Radio Nigeria Chapel.As the owner of I-WAHAB Media, he has successfully established Top Court News, a platform renowned for providing comprehensive coverage of court cases and legal developments, with the aim of promoting transparency within the judicial system.Akinlade's diligent work and unwavering commitment to ethical reporting have earned him immense respect within the Nigerian journalism community.

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