A Federal High Court in Warri, Delta State, has convicted and sentenced 12 people to six months’ imprisonment or a fine for abusing the naira by spraying banknotes at parties.
The convictions followed their prosecution by the Benin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC).
According to a press release by the Head, Media and Publicity of the EFCC, Dele Oyewale, the convicts are Abimbola Dolapo, Ufuoma Okotie, Samuel Kingsley, Rasaki Ayomide, Ekpmamuku Oghenekewvwe, Abraham Eriata, Favour Onowighose, Karaki Ejioghene, Simeon Sabastine, Valentine Chikeze, Omoyibo Prince and Akenuwa Osamudiamen.
They were arraigned before Justice Hyeladzira Nganjiwa of the Federal High Court, Warri, on charges of tampering with the naira by spraying the currency while dancing at social events, an offence under the Central Bank of Nigeria (CBN) Act.
According to the EFCC, one charge alleged that Mr Osamudiamen sprayed N20,000 in N200 denominations at a birthday party in January 2025, an act that contravenes the CBN Act regulating the handling of the national currency.
