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HomeUncategorizedMAN JAILED FOR CONVERTING NIGERIAN COINS TO JEWELRIES 

MAN JAILED FOR CONVERTING NIGERIAN COINS TO JEWELRIES 

Justice M.N Yunusa of the Federal High Court sitting in Kano, Kano State, has convicted one Ibrahim Musa Dabai, to prison on a one count charge bordering on tampering with Nigerian currency

The Kaduna Zonal Command of the Economic and Financial Crimes Commission, EFCC, prosecuted the convict  who was arrested by officers of the National Drug Law Enforcement Agency, NDLEA along Abuja- Kaduna Expressway.

Head, Media and Publicity, EFCC Wilson Uwujaren, saiD in a statement on Tuesday, that Ibrahim was arrested by NDLEA while in possession of coins which he claimed he uses to produce jewelry for commercial purposes. 

According to the statement, the convict was subsequently handed over to the EFCC for further investigation, adding that during the course of investigation, he confessed being in the business of converting coins into jewelry ranging from rings, earrings, bracelets and others, for 25 years. 

“The charge reads, “That you, Ibrahim Musa Dabai sometime in March, 2023 at Kano, within the jurisdiction of the Federal High Court, voluntarily engaged in tampering with Nigerian currency to wit: coins issued by the Central Bank of Nigeria when you used same to produce jewelry for commercial purpose and thereby committed an offence contrary to and punishable under Section 21 (1) of the Central Bank of Nigeria Act, 2007”. 

“He pleaded guilty to the charge. The prosecution counsel, N. Salele urged the court to convict the defendant accordingly. 

“Justice Yunusa, convicted and sentenced the defendant to 3 months imprisonment or a fine of N 30,000. 

“In addition, the mutilated currency is to be returned to the Central Bank of Nigeria, CBN for destruction according to the provisions of the CBN Act, 2007.” The statement said.

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