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Church Pastor, Sam Kayode Jailed For Stealing N2BN ‘£4M’ From The School He Worked For






A crooked accountant at the school faces an extra eight years in prison unless he pays about £ 3million in ten days. The piledering part-time church pastor Sam Kayode, 61, was jailed in 2016 for nine years due to getting £ 4million from the Haberdashers' Aske's state school chain. The married couple of four, with three mistresses, tried to blame theft of his late wife Grace and a young assistant, claiming that they had transferred the money to her account in an effort to torture her adulteries. His sentences now nearly doubled after barrister James Thacker, acting for the fraud specialist division of the Crown Prosecution Service, said a hearing loss of confiscation of crimes he was lively at £ 3million, possibly in Nigeria and Dubai.




Sam Kayode, pictured outside Woolwich Crown Court, was told to pay back £3million or face a further eight years in jail




The lovers he showered with gifts might also face legal action.






The Woolwich Crown Court hearing earlier this month was told that after Kayode joined the Haberdashers' Aske in 1997, it had grown tremendously and accepted the 'academics' reforms that gave schools more control over their finances. Judge Nicholas Heathcote Williams said in his new judgment: 'For nearly seven years Kayode took theft and more than £ 4million from the Haberdashers' by transferring money from their account to him and his wife Grace. His boss, chief financial officer Paul Durgan, failed to notice any money being lost. Kayode was only caught when a school cleaner saw bank account statements in his office. The accountant earned £ 57,000 a year for his job in the southeast chain school of London, but resulted in a fleet of cars with some Mercedes, an Audi TT and a £ 40,000 Infiniti, brought a £ 1,500 Louis Vuitton briefcase and wore £ 500 Gucci shoes. He stopped claiming that his crimes were committed by his late husband, who died in cancer in 2013, aged 53, and a junior employee. Haberdashers have earned £ 571,000 from the sale of flat and home property, but at least £ 2.75million remains potentially recoverable. Kayode said that if he does not pay everyone at the end of this month he will be given more than eight years.
The judge said: ‘The defendant is a very selfish, greedy and dishonest man. His evidence has been characterised by pauses – while he is clearly calculating, not always accurately, what answers will help him and he may get away with – and by grudging, evasive replies.’
The court heard more than £1million of the missing money was funnelled to Nigeria, where his ‘second wife or girlfriend’ Olubunmi ‘Bunmi’ Halima, 35, managed his business. He gave £266,000 to Halima, more than £77,000 to a second girlfriend Yetunde Turtak in Dartford, Kent, and hundreds of thousands more to relatives and friends in Nigeria.
Judge Heathcote Williams said he doubted every word but it ‘provides a clue where some of the hidden assets are’.
A third alleged mistress, Toyin Lawal, 52, of Northfleet, Kent, told the Daily Mail they were not lovers and Kayode simply paid a month’s rent for her when he was a church pastor.
Police took almost three years to charge Kayode after he was caught, giving him plenty of time to hide his fortune.
Mr Durgan, who failed to spot his employee’s fraud, went on to be hired by the auditors who missed the crime, then worked for another school chain.
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