Justice Ismail Ijelu of the Lagos State Excessive Courtroom, sitting in Ikeja, Lagos, on Monday, March 30, 2026, convicted and sentenced Olumuyiwa Teniola Idowu and his firm, Tennyvans Nigeria Restricted, to a complete of 30 years imprisonment on a six-count cost bordering on stealing and failure to declare property amounting to $62,500 (Sixty-Two Thousand 5 Hundred United States {Dollars}) and €36,020 (Thirty six Thousand, Twenty Euro)
Politics Nigeria gathered that the offences contravened Part 285 of the Legal Regulation of Lagos State, 2011, in addition to Part 27(3) of the {Economic} and {Financial} Crimes Fee (EFCC) Act, 2004, regarding non-disclosure of property and refusal to declare properties.
One of many counts reads:
“Olumuyiwa Teniola Idowu and Tennyvams Nigeria Restricted generally in 2012 at Lagos inside the jurisdiction of this Honourable court docket, dishonestly transformed to your individual use the sum of $62,500 (Sixty-Two Thousand 5 Hundred United States {Dollars}) being the price of caterpillar elements, property of Rene Theodorous Johannes Brouwers of Brouwers USA Vehicles and Elements”.
One other Depend Reads:
“Olumuyiwa Teniola Idowu and Tennyvams Nigeria Restricted generally in 2012 at Lagos inside the jurisdiction of this Honourable court docket, dishonestly transformed to your individual use the sum of €36, 020 (Thirty six Thousand, Twenty Euro) being the associated fee and delivery of DAF Truck, Field trailer and two (2) tippers, property of Rene Theodorous Johannes Brouwers of Brouwers USA Vehicles and Elements b.v.”
Idowu was first arraigned on November 27, 2024, the place he pleaded not responsible, prompting a full trial.
Throughout the trial, prosecuting counsel, E. S. Okongwu, known as three witnesses and tendered eleven displays, all of which have been admitted by the court docket. The defence counsel, Kehinde Olawumi, known as one witness.
In his judgment, Justice Ijelu held that the prosecution proved its case past cheap doubt and consequently discovered the defendant responsible as charged.
The court docket sentenced him to 5 years imprisonment on counts one to 4, to run concurrently. He was additionally sentenced to 5 years imprisonment on counts 5 and 6, with an possibility of a nice of N1 million on every depend, to be paid inside six months or serve the custodial sentences.
Moreover, the court docket ordered restitution of $62,500 and €36,020 to the nominal complainant inside six months.
The convict was thereafter remanded on the Ikoyi Correctional Centre.