Tuesday, 26 November 2013

Court Convicts Fraudster for Non-Declaration of 7.8m CFA




A Federal High Court sitting in Lagos on Monday, November 25, 2013 convicted Augustine Onwe for failing to declare  Seven Million, Eight Hundred and Fifteen Thousand CFA( 7,815,000 CFA) to men of Nigeria Customs Service at Seme border post.  Justice Ibrahim Buba convicted the accused and ordered that the entire sum of Seven Million, Eight Hundred and Fifteen Thousand CFA (7,815,000 CFA) be forfeited to the Federal Republic of Nigeria
 
The accused was arrested on  July 17,  2013 at Seme border while trying to cross from Nigeria to Benin Republic after he failed  to declare Seven Million, Eight Hundred and Fifteen Thousand CFA (7,815,000 CFA) to  Customs. He was  transferred to the Economic and Financial Crimes Commission, EFCC, for further investigation and prosecution.
Upon his arraignment on Monday, he pleaded guilty to the two count charge preferred against him. The charges bordered on money laundering and failure to declare the money he was carrying to the Nigeria Customs Service.

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