Man Forfeits $310,500 To FG For Not Able To defend It
A traveler named Efosa Eriamtoe has being asked to
forfeit the sum of $310,500 to the federal Government for failing to defend his
$310,500 to the authorities at the Murtala Muhammed International Airport,
Lagos.
The convict
was arrested by officers of the Nigerian Custom Service at the airport on his
way from South Africa on January 25th,
2015 for failure to declare the money found on him.
He was later
arraigned on April 23, 2015 by the Economic and Financial Crimes Commission
(EFCC) one count bordering on money laundering, an offence punishable under
section 2 (5) of the money laundering (prohibition) Act, 2011 (as amended by
Act No. 1 of 2012).
“The accused is a frequent international traveler
who knows the rules guiding money laundering. But he is inconsistent in his
evidence.
“I am satisfied that the prosecutor has been able to
prove its case beyond reasonable doubt. The accused is hereby convicted and
should forfeit the sum of $310,500 to the Federal Government of Nigeria.”
Justice Seida said.
Comments