Arrested Suspects, Johnson Olumoyegun (l) and Tanko Abubakar

EFCC arrests suspected currency counterfeiters with fake $270,000 bills

*The Economic and Financial Crimes Commission sources have disclosed the two suspects, Johnson Olumoyegun and Tanko Abubakar, will be charged to court as soon as investigations are concluded

Isola Moses | ConsumerConnect

The Economic and Financial Crimes Commission (EFCC) has arrested two suspected currency counterfeiters, in Abuja, FCT.

The anti-graft Commission apprehended the suspects, Johnson Olumoyegun and Tanko Abubakar Thursday and Friday, October 6 and 7, 2022, in Kubwa and Area 3 Axis of Abuja, with fake US$270,000, report said.

Olumoyegun also impersonated an officer of the regulatory Commission, using a fake EFCC ID card with the name Solomon David.

The suspect carried an ECOWAS Passport with the name, Isa Bello.

It was learnt the authorities within the EFCC disclosed that the two suspects would be charged to court as soon as investigations are concluded.

In a related development, the Ibadan Zonal Command of the EFCC  has secured the conviction and sentencing of six Internet fraudsters to various jail terms.

The convicts are Agboola Khalid Babatunde, Okuneye Olamilekan Damilola, Quadri Ahmed Olawale, Okafor Chibuzor Michael, Lawal Emmanuel Adekunle and Victor Abumere Aigbe.

Babatunde, Olawale and Aigbe were arraigned on separate one count charge that bordered on impersonation, an offence contrary to Section 484 of the Criminal Code Law Cap 38, Laws of Oyo State 2000, whereas Michael was docked on two counts for stealing.

Damilola was arraigned on a count charge for aiding and abetting while Adekunle was docked on a count charge of impersonation.

The convicts pleaded guilty to the offences preferred against them by the EFCC.

Subsequently, prosecution counsel, Modupe Akinkoye, Abdulrasheed Suleiman, Mabas Mabur and Shamsuddeen Bashir reviewed the facts of the cases and prayed the courts to convict and sentence the defendants accordingly.

Justice Oluremi Oguntoyinbo of the Federal High Court sitting in Abeokuta, Ogun State convicted and sentenced Adekunle to one year imprisonment while Justice Bayo Taiwo of the State High Court, Ibadan, Oyo State convicted and sentenced Olawale and Aigbe to six months community service, while Michael bagged two months community service.

Justice Olusola Adetujoye of the Oyo State High Court, Ibadan, sentenced Babatunde to three months community service while Damilola was sentenced to six months imprisonment by Justice Uche Agomoh of the Federal High Court, Ibadan, Oyo State.

The courts as well ordered the convicts to restitute their various victims, and forfeit all items recovered from them to the Federal Government of Nigeria.

Kindly Share This Story