The Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) on Tuesday, March 12, 2024, secured the conviction and sentencing of one Fabian John Itafor before Justice Kehinde Ogundare of the Federal High Court sitting in Ikoyi, Lagos, for an offence bordering on currency racketeering.
A statement by Dele Oyewale, Head, Media & Publicity, EFCC, said Itafor was arraigned on a one-count charge. The count reads: “That you, Fabian John Itafor, on or about the 24th day of February, 2024 at Leisure Event Center, Wale Olateju Street, Victoria Island, in Lagos within the jurisdiction of this honourable court hawked the sum of N347,000.00 (three hundred and forty-seven naira) issued by the Central Bank of Nigeria and thereby committed an offence contrary to and punishable under Section 21(4) l of the Central Bank of Nigeria Act, 2007.” He pleaded “guilty” to the charge when it was read to him.
