8 Nigerians Land In Hot Soup After Allegedly Printing Fake N98m, $1.5m Notes

Daily Post reports that a Gwagwalada Chief Magistrates’ Court on Thursday ordered that 8 Nigerians, who allegedly printed fake N98 million and US$1,487,700, be remanded in Suleja Correctional Centre.

The Department of State Services (DSS) had charged the suspects – seven men and one woman to court.

Musa Mayo, Bala Jatau, Ibrahim Dangana, Luka Daniel, Nnemeka Ude, Asebe Zainab, Sani Muhammed and Abdulkarim Ahmed are being tried on a two-count charge bordering on forgery.

Victor Ejelonu, the prosecution counsel told the court that the defendants and others (at large), between January and July 2021, conspired to defraud members of the public.

Ejelonu said they printed fake naira and dollar notes with the intent of using them as a genuine instrument to scam innocent people.

The offences contravened the provisions of sections 96 and 368 of the Penal Code.

Simon Okoro, counsel to the first, second and fifth defendants, prayed the court to grant his clients bail in the most liberal terms.

He cited sections 158 and 162 of the Administration of Criminal Justice Act (ACJA).

Other defence counsels include Chinyere Muoneme and M. D. Ayodele.

The Chief Magistrate, Aliyu Shafa directed the lawyers to make a formal bail application.

Shafa rejected an oral bail application from the lawyers due to the gravity of the offence. The matter was adjourned until September 13.