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HomeNaija NewsCrimesCourt Sentence Woman Six Months Imprisonment For Currency Racketeering In Lagos

Court Sentence Woman Six Months Imprisonment For Currency Racketeering In Lagos

Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos, on Wednesday, 29th of May, 2024, convicted and sentenced one Adeyinka Bilikis Gbadamosi to six months imprisonment for currency racketeering.

This was conveyed in statement issued out on the anti-graft social media page on 30th of May, 2024.

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According to the commission, Gbadamosi was arraigned by the Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, on a one-count charge bordering on currency Racketeering.

The count reads:

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โ€œThat you, Adeyinka Bilikis Gbadamosi, on the 27th of April, 2024 in Lagos, within the jurisdiction of this Honorable Court, engaged in hawking the total sum of N897,900 (Eight Hundred and Ninety Seven Thousand, Nine Hundred Naira) in N200 Naira note denomination, with serial numbers 688101 and N500 Naira note denomination, with serial numbers 315501 issued by the Central Bank of Nigeria and thereby committed an offence contrary to and punishable under Section 21(4) of the Central Bank of Nigeria (Establishment) Act, 2007.โ€ [CONTINUE READING HERE]>>>>

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