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Stealing

May 26, 2026

FRN vs Adebisi Ridwan Ayodeji

Humans

Adebisi Ridwan Ayodeji

Money bag

N30,000,000.00
Amount allegedly stolen

Money bag

Case Summary
The accused was alleged to have fraudulently converted the said sum to his personal use, property of Sterling Bank Plc.

Calendar

1,089
Day(s) case tried in court

Gavel

Case Update
In view of the defendant’s plea, the trial judge thereafter convicted and sentenced him to 18 months imprisonment on the one-count charge of stealing. The judge also ordered the convict to make restitution in the sum of N23,677,107.05 (Twenty Three Million, Six Hundred and Seventy Seven Thousand, One Hundred and Seven Naira, Five Kobo) being the outstanding balance, to the petitioner in addition to the custodial sentence.

Court house

Hon. Justice O. O. Abike-Fadipe
State High Court, Ikeja, Lagos

Legislation

ACJA/ACJL Compliance - not applicable

Case Information
Adebisi Ridwan Ayodeji
Presiding Judge & Designated Court
Hon. Justice O. O. Abike-Fadipe, State High Court, Ikeja, Lagos
Nature and Number of Charges
1-count charge bordering on stealing.
Date of 1st Arraignment
Mar 3, 2023
Summary of Case
The accused was alleged to have fraudulently converted the said sum to his personal use, property of Sterling Bank Plc.
Defendant(s) and Plea entered on Arraignment
1. Adebisi Ridwan Ayodeji – Not guilty
Defence Counsel(s)
No defence counsel
Prosecuting Agency
Economic and Financial Crimes Commission
Prosecutor(s)
1. S. I. Suleiman (Lawyer)
Status of Case
Decided
Decision
Convicted
Length of Trial
1,089 day(s)
ACJA/ACJL Compliance
Not Applicable
Court Decision
In view of the defendant’s plea, the trial judge thereafter convicted and sentenced him to 18 months imprisonment on the one-count charge of stealing. The judge also ordered the convict to make restitution in the sum of N23,677,107.05 (Twenty Three Million, Six Hundred and Seventy Seven Thousand, One Hundred and Seven Naira, Five Kobo) being the outstanding balance, to the petitioner in addition to the custodial sentence.