December 19, 2013 | General News
Court Jails Two For Currency Counterfeiting
SAN FRANCISCO, December 19, 2013, (THEWILL) - Two alleged fraudsters being prosecuted by the Economic and Financial Crimes Commission, EFCC, for allegedly being in possession of fake United States Dollar bills have been convicted and sentenced to five years imprisonment by Justice E. S. Chukwu of the Federal High Court, Abuja. The EFCC, in a statement revealed that Ali Saidu and Naru Sani were convicted and sentenced to five years imprisonment on each of five count charges of criminal conspiracy, unlawful possession of counterfeit US Dollars and forgery preferred against them by the anti- graft agency The said offences are in contravention of section 10 (6) of the (Miscellaneous Offence Decree No.20 of 1984) as amended and Section 5 (1) (b) of the Counterfeit Currency (Special Provisions) Act Cap. 35, Laws of the Federation of Nigeria, 2004. Ali and Sani were arrested by operatives of the Commission at Mararaba, Nasarawa State in 2011. At the time of their arrest, they were in possession of fake Ten Thousand US Dollars ($10,000). Upon their arraignment by the EFCC, the convicts pleaded not guilty. However, they later changed their plea, and pleaded guilty to an amended 5-count charge. Consequently, Justice Chukwu convicted the duo and sentenced them accordingly.