On Monday, June 15, 2020, Raphael Ayomide Davies was convicted by Justice Joyce Abdulmalik of the Federal High Court, Ibadan, Oyo State over money laundering.
This was sequel to an anonymous petition which alleged his periodical use of fabulous addresses and fake PayPal account to purchase items online, with the intention to defraud innocent members of the public.
The allegations led to the investigations of The Economic and Financial Crimes Commission, EFCC, which eventually led to his arrest for prosecution.
The prosecution counsel, Simon Harrison Ibekwute, while presenting his argument, convinced the court to convict Davies and sentence him accordingly.
Meanwhile, prior to the stage of Davies’ trial, he pleaded not guilty when he was arraigned by the Ibadan zonal branch of the Commission on Monday, February 19, 2018, on an eight-count charge of money laundering.
After reviewing the evidence presented by the EFCC, Justice Abdulmalik made a stand that the court was convinced beyond all reasonable doubts, which proved that Davies was guilty as charged, and as such, he was sentenced to 36 months on each of the eight counts- 24 years imprisonment.
His prison terms would run concurrently and take effect from his arraignment date of February 19, 2018.
