Justice P. M. Ayuba of the Federal High Court sitting in Port Harcourt, Rivers State, has convicted and sentenced the Managing Director of Valcino Hotel Limited, Egbebula Ahumereze, to two years imprisonment, for issuance of a dud cheque.
The Economic and Financial Crimes Commission (EFCC) disclosed this in a statement.
According to the statement, Ahumereze was convicted on Wednesday, September 28, 2022, after pleading “guilty” to a lone-count charge, bordering on issuance of dud cheque.
The EFCC said that the convict was arraigned by the Port Harcourt’s Zonal Command of the commission.