FULL LIST: Celebrities prosecuted for Naira mutilation

The Central Bank of Nigeria Act and the Criminal Code Act gives clear provisions against the abuse and misuse of the Naira.

The Central Bank of Nigeria Act, Section 21 states that: “A person who tampers with a coin or note issued by the bank is guilty of an offence, and shall on conviction be liable to imprisonment for a term not less than six months or to a fine not less that N50,000 or to both such fine and imprisonment.”Furthermore, the Criminal Code Act, under Section 20, criminalizes the defacing, mutilating, tearing, or destroying of currency notes and coins issued by the CBN.

– The Nigerian actress popularly known as Simi Gold, was on Thursday, February 1, 2024 convicted and sentenced to six months imprisonment for spraying and stepping on the new Naira notes at a social event in Lagos.– Controversial cross-dresser, Idris Okuneye, popularly known as Bobrisky, was on Friday, April 12, 2024, convicted and sentenced to six months imprisonment without the option of a fine.

Exposed!! Popular Abuja doctor revealed how men can naturally and permanently cure poor erection, quick ejaculation, small and shameful manhood without side effects. Even if you are hypertensive or diabetic . Stop the use of hard drugs for sex!! It kills!/* real people should not fill this in and expect good things - do not remove this or risk form bot signups */

Source: Entertainment Trends (entertainmenttrends.net)

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FULL LIST: Jail term, fine other consequences for mutilation, abuse of naira notesThe Nation Newspaper FULL LIST: Jail term, fine other consequences for mutilation, abuse of naira notes
Source: TheNationNews - 🏆 6. / 69 Read more »

Naira mutilation: EFCC ‘scapegoating’ celebrities, says Actor Seun JimohThe Nation Newspaper Naira mutilation: EFCC 'scapegoating' celebrities, says Actor Seun Jimoh
Source: TheNationNews - 🏆 6. / 69 Read more »

Naira Abuse: EFCC scapegoating celebrities – Actor, Seun JimohNollywood actor, Seun Jimoh has accused the Economic and Financial Crimes Commission, EFCC, of 'scapegoating' celebrities in its ongoing clampdown on Naira abusers.
Source: DailyPostNGR - 🏆 11. / 59 Read more »

After Bobrisky, more celebrities being investigated for naira abuseThe Economic and Financial Crimes Commission (EFCC) said it is investigating more celebrities for abuse of the naira
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Many Celebrities Involved In Naira Abuse Investigated — EFCCThe Latest News from Nigeria and Around the World
Source: channelstv - 🏆 7. / 63 Read more »

After Bobrisky, more celebrities to face trial for naira abuseDays after securing the conviction of Bobrisky, EFCC says some celebrities have been invited for investigations for naira abuse, and made useful statements.
Source: PremiumTimesng - 🏆 3. / 78 Read more »