Justice Ibrahim Buba of Federal High Court sitting in Ikoyi, Lagos on Wednesday convicted 20 persons for illegal dealing and storage of petroleum products.
The convicts are Adesunloye Fani-Kayode, Captain Daniel Lebile, Ala Ibanibo, Wole Ajayi, Michael Mgbanwa, Segun Ekundemi, Johnson Mashebinu, Ndidi Benjamin, Bright Nwaezuoke, Blessing Omoviye and Kayode Ireti.
Others Chuks Isiwepkweni, Friday Nchikpa, Peter Bayo, Ubom Amos, Zuopamo Embiowei, Olabamerun Owolemi, Adams Husseini, Ebisingha Timmy and Godwin Oputeh, MV Long Island and their companies Afa Global Impex Services Limited and GFL Marine Service Limited.
In his judgement, the judge held that the prosecution had proved its case beyond all reasonable doubt.
He therefore sentenced the convicts to two years imprisonment on each of the three counts, starting from December 2, 2014, when the convicts were arrested with an option of N200, 000 fine for each count.
The convicts are to forfeit all the seized vessels, cargoes and properties to the Federal Republic of Nigeria, while the jail terms will run concurrently.