Justice Mojisola Dada of the State High Court sitting in Ikeja, Lagos has convicted and sentenced one Lawrence Maduagwu to 10 years imprisonment for $179,000 fraud. The convict was arraigned by the Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, on Wednesday, February 28, 2018, on a two-count charge bordering on stealing and obtaining by false pretence to the tune of $179,000.00. Maduagwu was introduced to the complainant, PMC Industry Limited, a Chinese company, through its Nigerian representative, Ohio Ileogben, as a businessman who deals in calcium chloride chemicals. He, however, failed to pay for the 500 metric tonnes of calcium powder valued at the sum of $179,000, after taking delivery of the items and efforts to get him pay for the goods were unsuccessful. Count one reads: “That you, Lawrence Maduagwu, sometime in 2013, at Lagos within the Ikeja Judicial Division, with intent to defraud, induced PMC Industry Limited, China to confe...