Woman Sentenced To Two-Week Community Service For Trading Naira Notes
By Felix Kuyinu
A woman, Amupiton Adedayo, is facing two-week community service for illegally trading with new Naira notes.
Justice Deinde Dipeolu gave the rulling on Monday at the Federal High Court, Ikeja, Lagos, following the arraingement of the suspect by the Economic Final and Crimes Commision, EFCC, on a two-count charge bordering on illegal hawking of Nigerian currency.
The court also forfeited the sum of N20,000 from the suspect reported to be profit ammased from the illegal act alongside a Point of Sales, POS, machine found in her possession during arrest.
According to the prosecutor, Abubakar Wara, Adedayo made way to Marcelina Place Event Centre, Ikeja, on February 17, 2024, during a social gathering and sold N989,000 of N500 notes and N980,000 of N200 notes.
Waka also informed the court that the currencies were with serial numbers AE/22 820001 to AE 820760 and AM/20 092094 series, AL/15 180869 respectively.
He told the court that the offences committed by the convict, who confessed to have been in the act since December 2023, contravened sections 21 (4) and punishable under Section 21(1) of the Central Bank of Nigeria (Establishment) Act. 2007
The prosecutor also reviewed the facts of the case, tendered exhibits which include: the witness confessional statement, the POS machine and the Naira currency the offender was arrested with.
