A Nigerian man, Onuigbo Chibuzor has been sentenced to prison over his involvement in currency racketeering inEnugu State.
The suspect, was arraigned by the Economic and Financial Crimes Commission (EFCC).
Confirming this in a publication via its official X handle, the anti-graft agency on Tuesday stated that Chibuzor was brought before Justice Mohammed Umar of the Federal High Court in Enugu on a single charge of hawking the newly printed naira notes by the Central Bank of Nigeria.
The charge against Chibuizo read:“That you, Onuigbo Chibuzor, on the 8th of June, 2024, at Enugu, Enugu State, within the jurisdiction of the Federal High Court of Nigeria, hawked the total sum of N40,000.00 mints in N200 denominations, issued by the Central Bank of Nigeria and thereby committed an offence contrary to Section 21 (4) of the Central Bank of Nigeria Act, 2007.”
The suspect pleaded guilty to the charge.
The EFCC prosecutor, Ajobiewe Enitan, subsequently reviewed the facts of the case and tendered the defendant’s confessional statements and the ₦40,000 recovered as exhibits, which were admitted in evidence.
The defence counsel, I. Davidson, at the court, pleaded for leniency, stating,“He (Chibuizor) is a first-time offender and he is a family man with three kids.”
