Justice K. Dagat of the Federal High Court in Maiduguri has convicted and sentenced three illegal bureau de change operators to one year imprisonment each.
The defendants, Buba Ahmadu Aliyu, Mohammed Mustapha, and Muhammad Zarami, were arraigned on Wednesday, July 10, 2024, by the Maiduguri Zonal Directorate of the Economic and Financial Crimes Commission (EFCC). They faced separate charges for operating bureau de change businesses without the necessary licenses.
Each of the defendants pleaded guilty to their respective charges. Following their guilty pleas, Justice Dagat sentenced them to one-year imprisonment. However, they were given the option to pay a fine of N100,000 each in lieu of serving the prison term.
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