The Lagos Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has arraigned one Precious Chimaobi Uzondu on a two-count charge bordering on alleged refusal to accept naira as a legal tender before the Federal High Court sitting in the Ikoyi area of Lagos State.
One of the counts read: “That you, Precious Chimaobi Uzondu, on the 10th of December 2024, in Lagos, within the jurisdiction of this Honourable Court, refused to accept Naira (Nigeria’s legal tender) by accepting the sum of $5700 as a means of payment for a purchase of a Carter diamond bracelet with serial number (12345678) and you thereby lcommitted an offence contrary to Section 20 of the Central Bank of Nigeria Act, 2007.
The defendant pleaded “not guilty” to the charges when they were read to him.
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Following his pleas, the prosecution counsel, Hannatu U. KofarNaisa, prayed the court for a trial date and for the defendant to be remanded in a correctional centre.
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