Justice Daniel Osiagor of the Federal High Court, Ikoyi, Lagos on Thursday sentenced nine Chinese nationals including two females to one year imprisonment each and a fine of one million naira for economic sabotage and financial terrorism.
The defendants are; Zhao Xiang Hui, Liu Hai Rong, Liu Gang,Du JI Geng Li Dong,Huang Bo,Xhiong Zhen, Lai Rui Feng and Deng Wei Qiang
The Economic and Financial Crimes Commission (EFCC), had on the 10th of December, 2024 bust into a sixth floor building located in Oyin Jolayemi area of Lagos where over 700 people were arrested for offences bothering on Cyber terrorism and economic sabotage.
When the matter came up for trial today EFCC’s counsel Mr Nnemeka Omewa informed the court that the defendants have opted for plea bargain arrangements which the Commission has found worthy.
Defence counsel Mr Folarin Damela also confirmed the EFCC position and urged the court to accept the plea bargain.
Consequently the charge was read and all the defendants pleaded guilty to same. The defendants also admitted that they freely consented to and signed the plea bargain agreement.
Following the guilty plea of the defendants, the prosecutor Nnemeka Omewa asked the court to convict and sentence the defendants in accordance with the plea bargain agreement .
In the absence of any objection to the prosecutor’s request, Justice Daniel Osiagor convicted and sentenced the defendants in line with the plea bargain agreement.
According to justice Osiagor, the defendants are sentenced to one year imprisonment each, commencing from the 10th of December, 2024 with the payment of one million Naira.
