A 30-year old trader, Eunice Okpani, has been arraigned before an Ikeja Magistrates’ Court for being in possession of counterfeit $115,000 and £460.
According to Punch Metro: The accused, whose residential address was given as 7 Benji Phase 2, Ilese, Ogun State, is being charged for spending fake money valued at N42m.
The police prosecutor, Inspector Akeem Raji, told the court that the accused committed the offence on November 13, 2108, around 10.40am at the Murtala Muhammed International Airport, Lagos.
Raji said the accused was intercepted at the arrival wing of the airport while trying to exchange the said counterfeit money from a Bureau De Change.
The prosecution alleged that the accused was in possession of $115,000 and £460 suspected to be fake, with intent to commit felony.
“The accused was caught with bundles of the counterfeit money and was handed over to the police,” he said
Raji added that the offence contravened Section 372 of the Criminal Law of Lagos State, 2015 (revised).
He said that section of the law stipulated seven years imprisonment for offenders.
The defendant, however, pleaded not guilty to the charge.
The presiding magistrate, Jadesola Adeyemi-Ajayi, admitted the accused to bail in the sum of N200,000 with two sureties in like sum.
Adeyemi-Ajayi said the sureties must be gainfully employed with evidence of two years tax payment to the Lagos State Government and have their addresses verified by the court.
She added that the sureties must be blood relations of the accused and also reside within the court’s jurisdiction.
The magistrate adjourned the case till January 30, 2018.