The Apetu of Ipetumodu in Osun state, Oba Joseph Oloyede, a dual Nigerian and American citizen, has been sentenced to four years imprisonment in the United States.
Oba Oloyede reportedly created and led a scheme that wired over $4.2 million from the federal loan and grant programmes, which were meant to support small businesses confronting economic challenges they suffered because of the COVID-19 pandemic.
The office of the US Attorney, Northern District of Ohio, explained that the 62-year-old traditional ruler holds both Nigerian and US citizenship. He was said to be residing in Medina, Ohio.
He was sentenced to 56 months (four and a half years) in prison by the U.S. District Judge Christopher A. Boyko on Tuesday, August 26. He pleaded guilty to the allegations after he was first charged in April.
Source: Legit.ng