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Black Thursday

Rostrum The ancient narrow pathway had become so bad that they could not find their way to their destination as the three moved in a grey Honda Sport Utility Vehicle (SUV) being piloted by Dayo who was very mindful of the steering. It was on a Thursday. The 35-year-old Misters Dayo, Emeka and Okon were old time friends who reunited just a few days ago at Nsukka in Enugu State having lost contacts about eight years back, or thereabouts, after their graduation from one of the reputable higher citadels of learning in Nigeria situated in the Eastern part of the country, precisely University of Nigeria Nsukka popularly known by its acronym ‘U.N.N’. What occasioned the long-awaited reunion was the convention of their alma-mater’s alumni body themed ‘The homecoming of UNN Alumni’, which usually held once in a blue moon. Though they never studied in the same department, they were conspicuously best of friends during their school days that people within bega...

EFCC Arraigns Two Bankers for Selling New Naira Notes

By Frank Musa
The Economic and Financial Crimes Commission (EFCC) has arraigned two bank staff, Ekpe Anayaoha Okoronkwo (M), and Onyinye Umeonuoha (F), for allegedly selling newly minted Naira notes worth N500,000.

The arraignment took place on December 12, 2024, before Justice Mohammed Garba Umar of the Federal High Court sitting in Independence Layout, Enugu State.

According to the Commission's Head of Media and Publicity, Mr. Dele Oyewale, the duo was arraigned on a one-count charge bordering on currency racketeering. The charge reads: "That you, Ekpe Anayaoha Okoronkwo and Umeonuoha Onyinye, sometime in October 2024 at Enugu, Enugu State, within the jurisdiction of the Federal High Court of Nigeria, did sell a total sum of Five Hundred Thousand Naira (N500,000.00) mints in Two Hundred Naira Notes (N200) denominations, issued by the Central Bank of Nigeria to one Husseini Ibrahim and thereby committed an offence contrary to Section 21 of the Central Bank of Nigeria Act, 2007 and punishable under Section 21 of the same Act."

Consequently, Okoronkwo pleaded guilty to the charge, while Umeonuoha pleaded not guilty.

Counsel to the EFCC, Mr. Rotimi Ajobiewe prayed the court for a short date to review the facts of the case regarding Okoronkwo. For Umeonuoha, Ajobiewe requested a trial date to enable the prosecution to prove its case. The Counsel to Umeonuoha, Mr. C. N. Agama prayed the court to remand his client at the EFCC custody pending the hearing of the bail application.

Justice Umar adjourned the matter to January 15, 2025, for the hearing of Umeonuoha's bail application and the conviction and sentencing of Okoronkwo. The defendants were remanded at the Enugu State Correctional facility.

It's noteworthy that the EFCC arrested the defendants on November 15, 2024 at their workplace located at 18 Okpara Avenue, Enugu, in Enugu State, following actionable intelligence linking them to the sale of Naira mints in Enugu State metropolis.

Preliminary investigations revealed that the defendants allegedly sold a total sum of Five Hundred Thousand Naira (N500,000.00) mints in Two Hundred Naira Notes (N200) denominations to one Husseini Ibrahim.