Justice David Oladimeji of the Osun State High Court sitting in Ede Division found the former chairman guilty on two of the three counts amended information filed against him by the EFCC and convicted him.

The journey to the Ile-Ife prison began for Ojo following his arraignment before Justice F.E. Owolabi of the Osun State High Court on Tuesday, 28 May, 2013 on three charges bordering on stealing, using position for personal gratification and money laundering.

One of the charges that earned him a jail term reads, “That you, Chief Rufus Woleola Ojo, (Carrying on Business under the name and style of Rulekal Ventures) and others at large sometimes in December 2006 at Orolu Local Government Area within the jurisdiction of this honourable court, with intent to defraud, fraudulently converted to your own use the sum of N22,058,021.30k  property of Orolu Local Government Area of Osun State entrusted to you whilst you were its executive chairman.”