A Nigerian accountant and part-time pastor in the United Kingdom, Samuel Kayode, has been sentenced to nine years in prison for stealing £4.1million. Kayode was sentenced on Friday by Woolwich Crown Court in South London for defrauding Haberdashers’ Aske’s state schools in the UK. The part-time pastor, who earned £57, 000 per annum, was
convicted after being found guilty of £150,000 theft £3.95million fraud.
Out of the £4.1million, only £800, 000 was recovered from
him. Described as “dishonest” and “greedy”, the court heard how
Kayode lavished the stolen money on four women, his wife,
Grace; a second ‘wife’ in Nigeria, Olubunmi Halima; and two
other women in the UK. 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.
The court also heard how for seven years the convict looted
the accounts of Haberdashers. He was said to be secretive,
locking himself in his office to work late, “after arriving in a
Mercedes, wearing £500 Gucci shoes and carrying a Louis
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. 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. His crime was exposed when a school cleaner stumbled
across some of Kayode’s documents. The cleaner was said
to make an anonymous call to the schools’ Chief Finance
Officer, Yvonne Smithers.
The accounts manager started work at Haberdashers’ –
which has links with the public schools of the same name –
in 1997. According to the prosecutor, Kayode started using the BACS
money transfer system (a system in the UK for making
payments directly from one bank account to another) in
2006, to put “tens of thousands at a time directly into a joint
account held with wife Grace. He then spent up to £98,000 a
Apart from spending money on his wife’s health care until
her death in 2013, Kayode also signed documents showing
he was making investments with Halima, and renting flats in
Kent for ‘partners’ Toyin Lawal and Yetunde Turtak.