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Court Jails Woman Six Months for Currency Racketeering in Lagos

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Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos has convicted and sentenced one Adeyinka Bilikis Gbadamosi to six months imprisonment for currency racketeering.

Gbadamosi was arraigned by the Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, on a one-count charge bordering on currency Racketeering.

The count reads: “That you, Adeyinka Bilikis Gbadamosi, on the 27th of April, 2024 in Lagos, within the jurisdiction of this Honorable Court, engaged in hawking the total sum of N897,900 (Eight Hundred and Ninety Seven Thousand, Nine Hundred Naira) in N200 Naira note denomination, with serial numbers 688101 and N500 Naira note denomination, with serial numbers 315501 issued by the Central Bank of Nigeria and thereby committed an offence contrary to and punishable under Section 21(4) of the Central Bank of Nigeria (Establishment) Act, 2007.”

She pleaded “guilty” to the charge preferred against her.

Following her guilty plea, prosecution counsel, C.C. Okezie, called on Olagunju Abdul Malik, an operative of the EFCC, to review the facts of the case .

Abdulmalik told the court that the defendant was arrested on April 27, 2024 while hawking Naira notes at 10 Degree Event Centre, Billings Way, Ikeja, Lagos, following credible intelligence received by the Commission.

According to him, the sum of N897,900 was recovered from her at the point of arrest.

“Upon her arrest by operatives, she was duly cautioned and she volunteered her statements.

“In her statement, she confessed she was into currency racketeering and hawking of Naira notes,” he said.

Okezie, thereafter, sought to tender, in evidence, the defendant’s extrajudicial statements and the money recovered from her.

Justice Aneke admitted and marked them as exhibits and convicted the defendant.

Counsel to the convict A.A. Olawipo, prayed the court for a non-custodial sentence or option of fine .

Justice Aneke sentenced the convict to six months imprisonment, with an option of fine of N50,000 (Fifty Thousand Naira) only.

The Judge also ordered that the N897,900 recovered from her be forfeited to the Federal Government of Nigeria.

Visit www.efcc.gov.ng for more stories

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BREAKING: Police take over PDP Secretariat in Abuja

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As tension continues to mount over the Peoples Democratic Party, PDP, National Executive Committee, NEC, meeting, which is expected to hold on Monday, armed policemen have taken over its secretariat.

According to an official of the party who spoke to newsmen, the police were deployed to stop the proposed NEC Expanded Caucus Meeting.

Though some staff members of the party were initially allowed to go into the premises of the secretariat without any resistance from the police, they were later sent out.

At the time of filing this report, journalists were also asked to leave the premises of the secretariat, while some policemen were seen cordoning off Dalaba Street, which is the road leading to Wadata Plaza.

Details shortly…

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Police arrest suspected cultist during meeting, recover firearm in Ogun

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Operatives from the Special Weapons and Tactics (SWAT) Unit, Ogun State Police Command, have arrested a suspected member of the Eiye Confraternity, Ismail Afolabi, at Saje Area of Car Wash, Abeokuta.

The suspect was arrested following credible intelligence received by the police that members of the Eiye Confraternity were holding a secret meeting with the intention to carry out criminal activities.

The police spokesperson, Omolola Odutola, confirming the arrest to DAILY POST on Sunday, said the suspect was apprehended while attempting to flee.

Odutola stated that he was found in possession of a cross bag containing a loaded cut-to-size double-barrel shotgun and live ammunition.

She said, “On Friday, June 27, 2025, at about 05:30 pm , the Ogun State Police Command received credible intelligence that members of the Eiye Confraternity were holding a clandestine meeting with suspected criminal intent at the Saje Area of Car Wash, Abeokuta.

“Operatives from the Special Weapons and Tactics (SWAT) Unit swiftly mobilized to the scene. On arrival, one suspect, Ismail Afolabi ‘m’, was found in possession of a cross-body bag containing a cut-to-size double-barrel shotgun loaded with live ammunition.”

The spokesperson noted that preliminary investigations have commenced, and efforts are ongoing to track down other accomplices.

The Command restated its commitment to eradicating cult-related violence and maintaining peace and order in the state.

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Suspected gunmen kidnap man in Benue

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Gunmen have kidnapped a middle-aged man, Ortese Tarlumun Joseph, in Guma Local Government Area of Benue State, after shooting at his family during an attempted escape.

Security analyst Zagazola Makama revealed the incident in a post on X on Sunday.

He said the abduction happened on Friday, June 27, around 6:00 p.m. near Tomanyiin Main Village in Nzorov district.

Sources told Makama that Ortese was returning from the farm with his wife and son when two armed men came out of the bush and ordered them to lie down.

“Out of fear, the family tried to run, and the gunmen fired two gunshots.

“Mrs. Ortese said she later heard her husband calling for help but could not find him. It was later discovered that the attackers had taken him away,” Makama wrote

The family’s Toyota Corolla was found at the scene.

Security personnel launched a search operation shortly after the incident, but neither the kidnappers nor the victim had been found at the time of reporting.

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