The trial judge, Justice Olabisi Akinlade sentenced Prophet Oladele after she found him guilty of two-count charges out of the seven he was charged with.
Oladele was charged with seven counts charges bordering on fraud and obtaining money by false pretenses, preferred against him by the Lagos State government sometimes in 2007.
Ogundipe was arraigned before the court following a petition filed the UK-based architect, Mrs Olaide Williams-Oni, who accused him of obtaining a total of N17m from her with the promise to help her procure some landed property.
In her testimony before the court, Williams-Oni told the court that she met prophet Ogundipe in 2002 during her visit to Nigeria when she was taken to his church for prayers by her step-sister.
He had however pleaded not guilty to the charge when he was brought before the court.
Justice Akinlade in a judgment that lasted for about four hours sentenced the defendant, Prophet Oladele to a year imprisonment for count two and four each.
She however discharged him of counts 1,3, 5 ,6 and 7 for lack of evidence against him.