A Nigerian pastor and accountant in the United Kingdom, Samuel Kayode, has been sentenced to nine years in prison for stealing £4.1 million of school funds.
On Friday, a Woolwich Crown Court in South London sentenced Kayode, who works as a school accountant for defrauding Haberdashers’ Aske’s state schools in the UK.
The 59-year old Sam Kayode, who is also a part-time pastor earned £57, 000 per annum, and was convicted after being found guilty of £150,000 theft and £3.95 million fraud. Out of the £4.1 million, only £800, 000 was recovered from him.
Kayode was said to have spent the money on his late wife, Grace, a “second wife”, Olubunmi Halima, 33, and two other female “partners”, names given as 50-year old Toyin Lawal and Yetunde Turtak.
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He constantly looted the school account for 7 years until he was apprehended in 2012, after a school cleaner came across his paper work and made an anonymous call to the schools’ Chief Financial Officer, Yvonne Smithers.
He claimed to have moved the money to Nigeria where he has a £1 million empire with Halima but the Trust could not recover any asset from Nigeria.
Apart from spending money on his real wife Grace’s private health care until her death in 2013, he also signed documents showing he was making investments with Halima, and renting flats in Kent for ‘partners’, Toyin and Yetunde.
Described as “dishonest” and “greedy”, British prosecutor, James Thacker, said he also bought luxury cars including a Mercedes, an Audi TT sports car and an Infiniti car with the money.
Thacker said the father of four from Ilford, East London, was too arrogant to admit his guilt even after he was caught red-handed in 2012.
The accounts manager started work at Haberdashers’ – which has links with the public schools of the same name – in 1997.
Kayode tried to blame the crime on his late wife and a junior colleague, saying that they conspired to tarnish his image by transferring the money to his account in revenge for his adultery. He denied having affairs with the other women, and said that he lied about marrying Halima.
However, Toyin also denied they were lovers, saying that as her pastor, he paid for her rent for one month when she was short of cash.