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A businesswoman, Taiwo Martins, has been sentenced to 13 years imprisonment over a $200,000 (N61 million) fraud.

The judgment was pronounced in a High Court in Lagos.

Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC) said in a statement that it charged Ms Martins before Justice Candide-Johnson of the State High Court sitting in Ikeja, Lagos.

In a statement signed by its spokesperson, Tony Orilade, on Monday, the convict was charged on four counts bordering on conspiracy, issuance of dud cheque and obtaining money by pretence.

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According to the statement, the convict and her company, Baal Perazim Investment Concept Limited, were arraigned for an alleged fraud of $200,000 in November 2013.

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