Nigerian Pastor Bags Jail Sentence For Defrauding Schools Of £4million

Nigerian-born accountant and pastor Samuel Kayode, who  defrauded a leading UK school chain of £4million, has been sentenced to 9 years in prison for his crimes.

According to report, the Woolwich Crown Court found Kayode guilty of obtaining £150,000 by theft and £3.95million by fraud on Friday and served him with a nine-year jail sentence. In 2012, Kayode was arrested for stealing £4.1million of taxpayers’ money and reportedly spending it on four women and luxury items which include a Mercedes, an Audi TT sports car and a £40,000 Infiniti.

The 59-year-old was said to have also paid £98,000 a month out of the looted money to a private healthcare facility taking care of his dying wife and reportedly tried to blame the theft on the now deceased woman after his arrest. He also spent lavishly on his second wife and two mistresses.



Despite overwhelming evidence, he tried to blame the theft on his late wife Grace, pictured, and an office juniorSamuel Kayode’s late wife Image:Daily Mail

Kayode, whose case has been referred to as ‘Britain’s biggest ever education scam’, spent seven years looting the accounts of Haberdashers’ Aske’s state schools in South London. So far, the school has recovered only £800,000 and according to them, the assets and properties Kayode claimed to have in Nigeria with his second wife, Olubunmi Halima, were non-existent.

Kayode was arrested last night.

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