12 Jun 2016

JUST IN: RENOWNED NIGERIAN PASTOR ARRESTED FOR N1.6 BILLION FRAUD IN THE UK

written by Faith RolandJune 11, 2016
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Samuel Kayode is a 60-year old Nigerian father of four and also a pastor. He serves as an accountant  at Haberdashers’ Aske’s state schools in the UK and is currently on trial at a Woolwich Crown Court in South London for allegedly defrauding the schools of £4 million.  
He spent the looted funds from the school’s accounts on some private healthcare for his dying first wife Grace in England and then sent some to his second wife in Nigeria as well as using some to buy designer outfits.

The court adjudged two days ago, with the prosecuting counsel saying that, Kayode comes late each day to his £57,000 a year accounts manager job, dressed in expensive Gucci and Versace clothes. He worked late in his office, refusing to share details of the schools’ finances with his bosses. He allegedly obtained £150,000 by theft and £3.95million by fraud.
Kayode ran out of luck when an anonymous person called a new chief financial officer at the schools in 2012. When he was arrested, Kayode had in his possession a new Mercedes, a new £40,000 Infiniti luxury car, an Audi TT sports car, at least four properties in Britain and more in Nigeria. He made no comment to ‘each and every’ police question. However, Kayode has denied all the charges.

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