CBN executives sent to prison for recycling worn currency

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L-R: Yusuf-Fatai-Toogun Kayode-, Afolabi, Olufemi, Johnson, Olaniran, Muniru, Adeola, Patience O-Eye-and Ilori Adekunle-Sunday
Six members of staff of the Central Bank of Nigeria, CBN, implicated in an N8billion defaced and mutilated currency recycling scam, were today remanded in Agodi Prison, Ibadan in Oyo State, following their arraignment by the Economic and Financial Crimes Commission, EFCC.
Justice N. Ayo Emmanuel of the Federal High Court sitting in Ibadan gave the remand order.
The suspects: Patience Okoro Eye; Afolabi Olufemi Johnson; Ilori Adekunle Sunday; Kolawole Babalola, Olaniran Muniru Adeola and Fatai Adedokun Yusuf, were arraigned on a five -count charge bordering on conspiracy, fraud and …Read More

Source:: PM Newspaper