Kaduna Court Jails Three Fraudsters For Currency Racketeering

Justices J. Aikawa, and Hawa'u Buhari of the Federal High Court sitting in Kaduna, have convicted and sentenced three currency racketeers to different jail terms.

The convicts are, Adamu Seidu Abdul, Musa Gideon, and Justice Musa. 

They were jailed on Tuesday and Wednesday,  March 19 and 20,  2024,  after pleading guilty to one-count charge bordering on currency racketeering, following their arraignment by the Kaduna Zonal Command of the Economic and Financial Crimes Commission, EFCC.

The one- count charge against Justice reads: “that you, Justice Musa, sometime in February, 2024 in Kaduna within the Judicial Divison of this Honourable Court,did commit an act to wit: engaged yourself in selling Naiira Notes and you thereby committed an offence contrary to Section 21(4) and punishable under Section 21(1) of the Central Bank of Nigeria Act, 2007”.

They pleaded guilty to the one-count separate charges when they were read to them.  Based on their pleas, prosecution counsel, M.E Eimonye, and M.U Gadaka urged the court to convict and sentence them accordingly.

Thereafter, Justice Aikawa convicted and sentenced Abdul and Gideon to six months imprisonment while Musa was also convicted and sentenced to six months imprisonment by Justice Buhari.

The convicts' journey to the Correctional Centre began when they were arrested by operatives of the EFCC along Yakubu Gowon way, Kaduna, for currency mutilation and racketeering.   They were charged to court and convicted.