Court Jails Woman For Selling Naira Notes, Other For Not Declaring Dollars
https://osazuwaakonedo.video/court-jails-woman-for-selling-naira-notes-other-for-not-declaring-dollars/04/05/2025/
#EFCC #Lagos ©May 4th, 2025 ®May 4, 2025 7:11 pm Federal High Court sitting in Lagos State has sentenced a woman to one year imprisonment with no option of fine for being caught and arraigned by the Economic and Financial Crimes Commission, EFCC for selling or hawking Nigeria legal tender, Naira currency, the woman, according to the court ruling, had been convicted before by another court for naira abuse, this, as another Federal High Court also in Lagos State convicted a man and ordered the man to forfeit to the Federal Government more than £8000 he failed to declare or submit before the Nigerian Custom Service at the International Airport in Lagos, and in addition, the Court sentenced the man to six months imprisonment with option of ₦200,000 fine. #OsazuwaAkonedo
https://osazuwaakonedo.video/court-jails-woman-for-selling-naira-notes-other-for-not-declaring-dollars/04/05/2025/
#EFCC #Lagos ©May 4th, 2025 ®May 4, 2025 7:11 pm Federal High Court sitting in Lagos State has sentenced a woman to one year imprisonment with no option of fine for being caught and arraigned by the Economic and Financial Crimes Commission, EFCC for selling or hawking Nigeria legal tender, Naira currency, the woman, according to the court ruling, had been convicted before by another court for naira abuse, this, as another Federal High Court also in Lagos State convicted a man and ordered the man to forfeit to the Federal Government more than £8000 he failed to declare or submit before the Nigerian Custom Service at the International Airport in Lagos, and in addition, the Court sentenced the man to six months imprisonment with option of ₦200,000 fine. #OsazuwaAkonedo
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00:00Federal High Court sitting in Lagos State has sentenced a woman to one-year imprisonment with no option of fine for being caught and arraigned by the Economic and Financial Crimes Commission, EFCC for selling or hawking Nigeria legal tender, Naira currency.
00:16The woman, according to the court ruling, had been convicted before by another court for Naira abuse, this, as another Federal High Court also in Lagos State convicted a man and ordered the man to forfeit to the federal government more than 8,000 pounds he failed to declare or submit before the Nigerian Customs Service at the International Airport in Lagos, and in addition, the court sentenced the man to six months imprisonment with option of 200,000 Naira's fine.
00:46Details of the reports are presented verbatim below as reported and contained in the news release made available by the Public Relations Unit of the Economic and Financial Crimes Commission, EFCC.
00:58Court jails ex-convict, one other for hawking Naira notes in Lagos.
01:03Justice Yellen Bogoro of the Federal High Court, sitting in Okoye, Lagos, on Friday, May 2, 2025, convicted and sentenced the duo of Folek Adeoti and Madupe Adewuyi to one-year imprisonment, each for hawking Naira notes.
01:19They were arraigned by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, Awaloa Road, Okoye, Lagos on a separate one-count charge, bordering on a legal hawking of Naira notes.
01:35The charge against Adeoti reads,
01:37That you, Folek Adeoti, on the 21st day of March, 2025, opposite Regency Hall, Joby Fele, Wei, Akeja, in Lagos within the jurisdiction of this Honorable Court,
01:52hawked the sum of 3,850,000 Nairas, issued by the Central Bank of Nigeria and thereby committed an offence contrary to unpunishable under Section 21, 4, of the Central Bank of Nigeria Act, 2007.
02:11That of Adeoti reads,
02:13That you, Madupe Adewuyi, on the 21st day of March, 2025, at Joby Fele Street, opposite Regency Event Center, Alausur Akeja, in Lagos, within the jurisdiction of this Honorable Court,
02:28engaged in hawking the total sum of 1,600,000 Nairas, 1,600,000 Naira, of 500 Nairas and 1,000 Nairas denominations, issued by the Central Bank of Nigeria
02:42and thereby committed an offence contrary to Section 21, 4, unpunishable under Section 21, 1, of the Central Bank of Nigeria Establishment Act, 2007.
02:54They pleaded, guilty, to their charges, following which prosecution counsel, Z.B. Atiku tendered the confessional statement as well as the money recovered from them in evidence
03:06and urged the court to convict and sentence them accordingly. The prosecution counsel further informed the court that Adeoti was an ex-convict,
03:15having been prosecuted before Justice Ibrahim Kala and convicted on the same matter of Naira abuse.
03:21Justice Bogoro sentenced Adeoti to 1-year imprisonment without an option of fine.
03:28In addition, her POS machine as well as the money recovered from her were forfeited to the federal government.
03:34Adeoyi also bagged 1-year imprisonment or to pay 500,000 Nairas, 500,000 Naira, fine.
03:42In addition, her POS machine and money recovered from her were also forfeited to the federal government.
03:48Adeoti and Adeoyi were intercepted on March 21, 2025 along Joby-Felewe, Akeja, Lagos,
03:57while Hawking Naira notes to the tune of 3,850,000 Nairas and 1,600,000 Nairas, respectively.
04:06Alleged money laundering.
04:07EFCC re-arranged man for non-declaration of $90,000.
04:13The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC,
04:20Okoteebo, Okoyi, Lagos, on Friday, May 2, 2025,
04:26re-arranged one Al-Hajji Ahmed Shaw before Justice D. Hyde Payolu of the Federal High Court,
04:31sitting in Okoyi, Lagos for money laundering.
04:35He was arrested on March 3, 2025 at the Matala Muhammad International Airport,
04:42Akeja, Lagos by operatives of the National Drug Law Enforcement Agency, NDLEA,
04:48for non-declaration of the sum of $90,000, $90,000 United States dollars,
04:54and was handed over to the EFCC for further investigations.
04:57He was arraigned on April 3, 2025 on a one-count charge, bordering on money laundering.
05:05The charge reads,
05:07That you, Al-Hajji Ahmed Shaw, on the third day of March, 2025 in Lagos,
05:13within the jurisdiction of this Honorable Court,
05:16failed to make a declaration of the sum of $90,000,
05:2090,000 United States of America dollars,
05:22to the Nigeria Customs Service at the Matala Muhammad International Airport,
05:27Akeja, Lagos and you thereby committed an offence contrary to unpunishable under Section 3, 5,
05:34of the Money Laundering, Prohibition and Prevention Act, 2022.
05:39He pleaded, not guilty, to the charge when it was read to him.
05:43At the sitting on April 15, 2025,
05:47the prosecution presented the first prosecution witness,
05:50PW1, Danladi Ibrahim,
05:53an NDLEA operative in the matter.
05:56However,
05:57at the resumed sitting of May 2, 2025,
06:00Defense Counsel, E.I.
06:03Ogandegi,
06:04informed the court that the defendant wished to change his,
06:07not guilty, plea.
06:09He was,
06:10therefore rearranged on the same charge to enable him take his new plea and he pleaded,
06:14guilty.
06:15Following his new plea,
06:17Prosecution Counsel,
06:19Zed Biatiku,
06:20called on Aminu Lawal,
06:22an operative of the EFCC,
06:24to review the facts of the case.
06:26Led in evidence by the Prosecution Counsel,
06:29Lawal told the court that the defendant was arrested with the sum of $90,000,
06:34which he failed to declare.
06:36His statement was recorded under caution and he narrated that he did not declare the sum of $90,000,
06:43$90,000 United State dollars,
06:45he said.
06:46Lawal identified the defendant's statement,
06:49the handover note from the NDLEA,
06:52the arresting officer's statement as well as the sum of $90,000,
06:56$90,000 U.S. dollars,
06:58which were all tendered in evidence.
07:01Justice DiPaolo adjourned the matter till May 6, 2025 for delivery of judgment.
07:07Court jails man for non-declaration of $8,020,
07:11$704 in Lagos Airport.
07:14Justice Yellam Bogoro of the Federal High Court,
07:18sitting in Okoye, Lagos,
07:20on Friday, May 2, 2025,
07:23convicted and sentenced one Agadosi Christopher Okchukwu
07:26to six months' imprisonment for non-declaration of foreign currencies at Lagos Airport.
07:32Okchukwu was arrested in December 2024 at Matala Mohamed International Airport,
07:38Akeja, Lagos by operatives of the Nigerian Customs Service,
07:42NCS for non-declaration of the sums of £8,020,
07:47£8,020 British Pounds,
07:49and $704,
07:51$704,
07:52and handed over to the Lagos Zonal Directorate 2
07:55of the Economic and Financial Crimes Commission,
07:59EFCC,
08:00Okoteebo,
08:01Okoye,
08:02Lagos for further investigations.
08:05He was arraigned on Tuesday, April 15, 2025
08:08on a two-count charge,
08:10bordering on money laundering.
08:12One of the charges reads,
08:14that you,
08:15Agadosi Christopher Okchukwu,
08:17on the 10th day of December,
08:192024 in Lagos,
08:21within the jurisdiction of this Honourable Court,
08:24failed to make a declaration of the sum of £8,020,
08:28£8,020 sterling,
08:30to the Nigerian Customs Service at the Matala Mohamed International Airport,
08:35Akeja,
08:36and thereby committed an offence contrary to unpunishable under Section 3, 5,
08:40of the Money Laundering, Prevention and Prohibition Act,
08:442022.
08:46He pleaded,
08:47guilty,
08:47to the charges following which Prosecution Counsel,
08:50C.C.
08:52Okesi called on Abu Bakr Magarji,
08:54an EFCC operative to review the facts of the case.
08:58Magarji informed the court that Okchukwu had a total sum of £15,020,
09:03£15,020 British pounds,
09:07and $704,
09:09$704,
09:10and that while he declared £7,000,
09:137,000 British pounds,
09:15he kept back £8,020,
09:18£8,020,
09:20£7,020,
09:21and $704,
09:23$704,
09:25claiming that he lost his brother and was going to use the undeclared sums to fly his corpse back to the country.
09:31At Friday, sitting,
09:34Justice Bogoro convicted and sentenced him to six months' imprisonment on both counts
09:39or to pay 200,000 nairas,
09:41200,000 naira on each.
09:44In addition,
09:45he forfeited the sums of £8,020,
09:47and £7,020 and $704 to the federal government.
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