6 Women Arrested For Selling Naira Notes At Parties In Lagos

Six women were arrested by the police in conjunction with the Central Bank of Nigeria (CBN), for allegedly selling mint naira notes in Lagos. The women were allegedly selling the notes to people going to parties to ‘spray’ against CBN Act in 2007.

The suspects-Fausat Jimoh, Bisoye Oyegbile, Balikis Ajadi, Bisola Amoru, Abidemi Oladejo and Ajoke Suraj are likely to be charged for contravening Section 21 of the CBN Act, 2007. They were apprehended during a raid by officials of the CBN and operatives of the State Criminal Investigation and Intelligence Department (SCIID), Panti, Yaba. The Deputy Commissioner of Police (DCP) in charge of SCIID, Bolaji Salami, confirming their arrest, said it was an abuse of currency and offenders will be charged to court soon.
He said: “We are clamping down on those abusing our currency. It is an offence to sell naira notes at weddings or any gathering. It contravenes the CBN Act.
“We arrested six suspects the previous weekend and later arrested six others on Friday.We recovered N35,500 from these suspects but N465,000 was recovered from those arrested last week. “They would be charged to court as soon as possible. Investigation would reveal how these suspects come about these new currencies. We are going to get to the root of it because the offence is punishable by N50,000 fine, or six months imprisonment or both.
“No good country would allow its currency to be abused in anyway. That is what we are guiding against. The CBN is out to enforce the law and we would give them the necessary backing.”

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Posted: at 6-03-2017 11:13 AM (7 years ago) | Addicted Hero

This is the problem we have in this country.
These women can claim they are selling change to people looking to break large notes either for transportation or to buy snacks for their hungry children or themselves.
I stand to be corrected, but I don't think there is yet any law against selling change to people be it mint or old notes.
I think the crime is committed at the point where the money is sprayed and so far I have seen a lot of videos of very prominent and easily identifiable Nigerians throwing money all over at weddings and yet no arrests have been made.
I guess neither CBN nor EFCC nor the Nigerian Police would see this probably because "they don't view the internet" or "or they do not officially have internet connection" or "no one had reported the crime". SMH

Posted: at 6-03-2017 12:14 PM (7 years ago) | Upcoming

hmmmm

Posted: at 6-03-2017 05:40 PM (7 years ago) | Gistmaniac

no mind them

Posted: at 6-03-2017 05:45 PM (7 years ago) | Gistmaniac

STRAINING A GNAT WHILE SWALLOWING A CAMEL !

Posted: at 7-03-2017 11:20 AM (7 years ago) | Upcoming

I pass
   

Posted: at 31-03-2017 03:47 AM (7 years ago) | Addicted Hero