Court Sentence Man To Seven Years Imprisonment For Forex Fraud

Last Updated: February 16, 2022By Tags: , , , , , , , , , ,

court

File Photo A man identified as Muallayidi Mohammed Sani has been sentenced to 7 years jail time for conspiracy and forgery.

The Economic and Financial Crimes Commission, Kano State chapter, has protected the conviction of Sani who was arraigned on a three-count charge.He and one Sabinatu Aliyu Alhassan(at large)had actually engaged in forex racketeering, gathering Personal Travel Allowance(PTA )from industrial banks to sell at higher rates in the black market.Part of the charge checks out:”That you Muallayidi Mohamme Sani sometime in October, 2021, in Kano, Kano State, within the jurisdiction of this honourable court, with the intent to defraud, created some files titled:’Air Ticket, Passport and Visa ‘, purported to have been really provided to assist in the collection of PTA from industrial banks, and thus committed forgery, an offence contrary to Section 363 and punishable under Section 364 of the Penal Code.” The prosecutor, Zarami Mohammed, asked the court to convict him after he pleaded guilty while the defence counsel, Patience Edamaku, asked the court to temper justice with mercy in sentencing her customer. ToriNG