HomeNewsZenith Bank Staff Arraigned For Selling Minted N500,000

Zenith Bank Staff Arraigned For Selling Minted N500,000

-

=The Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC on Thursday, December 12, 2024, arraigned the duo of Ekpe Anayaoha Okoronkwo and Umeonuoha Onyinye, staff of Zenith bank, before Justice Mohammed Garba Umar of the Federal High Court sitting in Independence Layout, Enugu State for allegedly selling newly-minted  N500, 000. 00.

They were arraigned on a one-count charge bordering on currency racketeering to the tune of N500,000. 00 (Five Hundred Thousand Naira).

The lone count charge reads: “That you, Ekpe Anayaoha Okoronkwo and Umeonuoha Onyinye, sometime in October 2024 at Enugu, Enugu state, within the jurisdiction of the Federal High Court of Nigeria, did sell a total sum of Five Hundred Thousand Naira (N500, 000. 00) mints in Two Hundred Naira Notes (N200) denominations, issued by the Central Bank of Nigeria to one Husseini Ibrahim and thereby committed an offence contrary to Section 21 (4) of the Central Bank of Nigeria Act, 2007 and punishable under Section 21 (1) of the same Act”.

The first defendant (Okoronkwo) pleaded guilty to the charge while Onyinye pleaded not guilty.

Given their pleas, counsel to the EFCC  and Chief Superintendent of the EFCC, CSE Rotimi Ajobiewe, prayed the court for a short date to review the facts of the case, regarding the first defendant. “In respect of the second defendant, we pray for a date for trial to enable the prosecution to prove its case”.

However, counsel to the second defendant, C. N. Agama prayed the court to remand Onyinye at the EFCC custody, pending the hearing of the ail application.

Justice Umar thereafter adjourned the matter to January 15, 2025, for a hearing of the bail application for Onyinye and the conviction and sentencing of Okoronkwo. They were remanded at the Enugu State Correctional facility.

The defendants were arrested on November 15, 2024, at their workplace located at 18 Okpara Avenue, Enugu State, following actionable intelligence linking them to the sale of Naira mints in the Enugu State metropolis.

Preliminary investigations revealed that the defendants allegedly sold a total sum of Five Hundred Thousand Naira (N500,000. 00) mints in Two Hundred Naira Notes (N200) denominations, to one Husseini Ibrahim.

@Zenithbank #Zenithbank #Zenithbankstaff @Zenithbankstaff#

SUPPORT US

At Priceless Media Publishing Nig. Ltd /Securitynewsalert.com, we are steadfast in our commitment to independent journalism: reporting that is fearless, impartial, and free from the interference of powerful personalities, politicians and government interests.

Without corporate sponsorships or political affiliations, our ability to investigate freely rests in the hands of the people we serve—you!

Every donation helps us expose the truth, amplify silenced voices, and hold power accountable.
Stand with us because journalism should serve the people, not power.

• Account Name: PRICELESS MEDIA PUBLISHING NIG. LTD
• Account Number: 1943445259
• Bank Name: ACCESS Bank

LATEST POSTS

EFCC Arraigns Two for Money Laundering in Lagos 

  The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Wednesday, October 7, 2026, arraigned  Ali Bala (a.k.a. Barrister Ahmed)  and ...

#Lagos Police Wage Relentless War Against Crime, Arrest 80 Suspects in Sweeping October Operations

 The Lagos State Police Command has announced a string of major operational successes in its fight against crime, with 80 suspects arrested and a wide...

Tinubu Declares Three-Day Mourning for Air Force Crash Victims

President Bola Ahmed Tinubu has declared a three-day national mourning period for the Nigerian Air Force personnel who died in an aircraft crash in Ondo...

#PSNAFSA Mourns Fallen NAF Personnel, Other Victims of Igbokoda Air Crash

 The Prayer and Support for Nigerian Armed Forces and Other Security Agencies (PSNAFSA) has expressed deep sorrow over the death of officers and other victims...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe
spot_img

Most Popular

spot_img