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DSS Prosecutes 8 People For Allegedly Printing Fake $1.4m And N98m Notes

On Thursday, the Gwagwalada Chief Magistrates' Court ordered that seven men and one woman be remanded in Suleja Correctional Centre for allegedly printing fraudulent N98 million notes and US $1.877,000.

 

They are being tried by the State Security Service (SSS) on a two-count accusation of forgery to which they have pleaded not guilty.

 

Following their oral bail application, the Chief Magistrate, Aliyu Shafa, ordered the defense counsel to file a formal bail application for their clients.

 

Because of the gravity of the crime, Shafa denied the oral bail application.

 

He did, however, postpone the hearing until September 13 in order to file the motion for bail.

 

Earlier, the prosecution's lawyer, Victor Ejelonu, told the court that between January and July, the defendants and others colluded to swindle members of the public.

 

According to Ejelonu, they created fake naira notes worth N98 million and fake dollar notes worth US $1,487,700.


He claimed that the defendants intended to deceive members of the Nigerian public by using fake notes as legitimate instruments.


He said the offenses were in violation of the Penal Code's sections 96 and 368.

 

The first, second, and fifth defendants' counsel, Simon Okoro, asked the court to give them bail in the most liberal terms possible, using sections 158 and 162 of the Administration of Criminal Justice Act (ACJA) to support his assertions.


Chinyere Muoneme and M. D. Ayodele are two other defense lawyers involved in the case.

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Aliyu Shafa DSS Gwagwalada SSS State Security Service

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