Court In Lagos Jails Chinese Man Over Naira Mutilation
A Chinese national has been convicted by the Federal High Court sitting in Ikoyi, Lagos, on Tuesday, 31st May, 2022, convicted a Chinese national over mutilation of the Nigerian currency.
The Lagos State Zonal Command of the Economic and Financial Crime Commission, EFCC, secured the conviction and sentencing of Li Lei Lei to two years imprisonment.
The Chinese national was convicted by Justice I. Nicholas Oweibo of the Federal High Court sitting in Ikoyi, Lagos.
He was arraigned on a four-count charge which bothers on tampering with the Nigerian currency note, an offence punishable under Section 21(1) of the Central Bank of Nigeria Establishment) Act.
One of the count reads: “That you, Li Lei Lei, about the 17th day of May, 2022, at the Murtala Muhammed International Airport, Lagos State, within the jurisdiction of this Honorable Court, tampered with One Thousand Naira (N1,000) Note, with serial number 947882 issued by the Central Bank of Nigeria, CBN, and thereby committed an offence contrary to and punishable under Section 21(1) of the Central Bank of Nigeria Establishment) Act, Cap C4, Vol.1, Laws of the Federation of Nigeria, 2010”.