Man bags seven years for forex fraud

The Economic and Financial Crimes Commission, Kano State chapter, has secured the conviction of one Muallayidi Mohammed Sani.

Sani had been arraigned on a three-count charge bordering on conspiracy and forgery.

He and one Sabinatu Aliyu Alhassan (at large) had engaged in forex racketeering, collecting Personal Travel Allowance (PTA) from commercial banks to sell at higher rates in the black market.

Part of the charge reads: “That you Muallayidi Mohamme Sani sometime in October, 2021, in Kano, Kano State, within the jurisdiction of this honourable court, with the intent to defraud, forged some documents titled: ‘Air Ticket, Passport and Visa’, purported to have been genuinely issued to facilitate the collection of PTA from commercial banks, and thereby committed forgery, an offence contrary to Section 363 and punishable under Section 364 of the Penal Code.”

Read Also Okorocha vs EFCC: Court adjourns suit till April 4

The prosecutor, Zarami Mohammed, asked the court to convict him after he pleaded guilty while the defence counsel, Patience Edamaku, begged the court to temper justice with mercy in sentencing her client.

Related Posts

Mixed Reactions as Baba Ijesha and Wife Announce Son’s Birth

      Nollywood actor Olanrewaju Omiyinka, popularly known as Baba Ijesha, and his wife, Anjy Luminee, have welcomed a baby boy, a development that has sparked mixed reactions on…

Opposition Ready to “Write Results”: ZLP Chairman on 2027 Election Outlook

      The National Chairman of the Zenith Labour Party, ZLP, Dan Nwanyanwu, has asserted that the All Progressives Congress, APC, and supporters of President Bola Tinubu are determined…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

Mixed Reactions as Baba Ijesha and Wife Announce Son’s Birth

Mixed Reactions as Baba Ijesha and Wife Announce Son’s Birth

Opposition Ready to “Write Results”: ZLP Chairman on 2027 Election Outlook

Opposition Ready to “Write Results”: ZLP Chairman on 2027 Election Outlook

INEC Appeals Party Deregistration Ruling, Cites Lack of Notice

INEC Appeals Party Deregistration Ruling, Cites Lack of Notice

Abuja Court of Appeal Slams High Court Judge for “Judicial Impertinence” Over ADC, Four other Party Deregistrations

Abuja Court of Appeal Slams High Court Judge for “Judicial Impertinence” Over ADC, Four other Party Deregistrations

Davido Calls Reno Omokri “Bingo”: A World Cup Clash of Words

Davido Calls Reno Omokri “Bingo”: A World Cup Clash of Words

“Spiritual Warfare” in Music Industry: Nicki Minaj Speaks Out

“Spiritual Warfare” in Music Industry: Nicki Minaj Speaks Out