x

Man Jailed for One Year for Possessing Fake $2 Million in Kogi

By Noah Ocheni, Lokoja

A middle-aged man, Kehinde Amaka, also known as Yomade Ademisoye Ojomo, has been sentenced to one year in prison for being in possession of counterfeit US dollars totaling $2,028,400.00. The sentence was handed down by a Federal High Court in Lokoja, Kogi State.

Amaka’s conviction follows charges brought by the Economic and Financial Crimes Commission (EFCC), accusing him of violating the Counterfeit Currency (Special Provisions) Act, 2004. According to the prosecution, Amaka was found with the counterfeit banknotes, all in $100 denominations, on May 15, 2024, in Lokoja.

The EFCC’s prosecution counsel, Hadiza Afebua, explained during the court hearing on November 12 that the case was for the continuation of the trial, conviction, and sentencing.

The charges against Amaka read: “That you Kehinde Amaka a.k.a Yomade Ademisoye Ojomo, on the 15th May 2024 in Lokoja, had in your possession the sum of $2,028,400.00 worth of counterfeit banknotes, knowing them to be counterfeit.” He was also charged with possessing chemical dyes and instruments used for manufacturing counterfeit US $100 bills without lawful authority.

Testifying in court, the first prosecution witness, Alonge Opeyemi Joseph, stated that the matter was reported to the EFCC by the National Drug Law Enforcement Agency (NDLEA) on May 16, 2024.

Joseph explained that upon receiving the petition and the defendant, the EFCC conducted an investigation, counting the fake currencies in the presence of Amaka, who voluntarily made a statement.

After reviewing the evidence, Justice Isa Dashen of the Federal High Court in Lokoja found Amaka guilty and sentenced him to one year in prison.

 

Hot this week

CBN ends cash deposit limit for bank customers

The Central Bank of Nigeria has removed all limits...

Kaduna Highlights 15% Health Budget Milestone at #OpenKaduna Health Sector Policy Dialogue

By Achadu Gabriel, KadunaKaduna State hosted policymakers, traditional...

Igoche Mark to Honour Lagos Legends Basketball Club at Grand Abuja Reception

In recognition of their historic victory in the recently...

CSO Urges NAHCON to Refund Excess 2025 Hajj Fare to Over 44,000 Pilgrims

By Jabiru HassanCSO Renews Call for Refund of Excess...

BusinessMetrics praises NUPRC’s digital compliance systems and licensing reforms for boosting

BusinessMetrics, an independent industry performance evaluator, says the Nigerian...

Senator Dafinone Urges Delta’s UPU Leaders to Promote Unity, Peace, and Development

By Anne AzukaSenator Ede Dafinone, representing Delta Central Senatorial...

Health: ANHEJ Calls for Urgent Local Funds Mobilization Amid Dwindling Foreign Funds

By Joyce Remi-BabayejuThe Association of Nigeria Health Journalists, ANHEJ,...

Related Articles

Popular Categories

spot_imgspot_img