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4 Bags Five Years Jail Term for Fake Currency Possession

 

The Economic and Financial Crimes Commission on March 9, 2017 secured the conviction of four counterfeit currency dealers before Justice Simon Amobeda of the Federal High Court Kebbi on a four count charge of conspiracy and possession of counterfeit currency.

The convicts, Usman Ahmed, Isiyaku Mohammed, Mohammed Abubakar Badadi and Rilwanu Abdullahi were arrested by officers of the Nigeria Security and Civil Defence Corps at Birnin Kebbi while in possession of a sum of N583,000 (Five Hundred and Eighty Three Thousand Naira Only) in fake one thousand Naira notes. The case was eventually transferred to the commission for further investigation.

After listening to the charge, all the accused persons pleaded guilty to the four count charge.

In view of the plea of the accused persons, prosecution counsel, N.K Ukoha urged the court to convict them accordingly. In his ruling, Justice Amobeda sentenced the convicts to five years imprisonment on each of the four count charge. The sentence is to run concurrently and also to begin from the day of their arrest.

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