Diversion, conversion and breach of trust – The Amadi case
The Federal High Court sitting in Lagos on January 30 sentenced a businessman, Kenneth Amadi, to 18 months imprisonment over a fraud of N2.9 billion. The court found, among others, that Amadi, while an employee of Eunisell Ltd owned by a businessman Chika Ikenga, abused his position and diverted the proceeds of sale of Eunisell’s … Read more