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EFCC Press Release: Currency Counterfeiting: Fake Bank Director To Remain In Prison

October 31, 2013

Princewell Arinze Eze (a. k. a. Aboki J. Brown), a fake Group Assistant Director of Operations of the Abidjan , Cote D’Ivoire-based African Development Bank, who is being prosecuted by the Economic and Financial Crimes Commission on a 15-count charge bordering on forgery and obtaining money under false pretence is to remain in Ikoyi prison till November 6, 2013.

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Princewell Arinze Eze (a. k. a. Aboki J. Brown), a fake Group Assistant Director of Operations of the Abidjan , Cote D’Ivoire-based African Development Bank, who is being prosecuted by the Economic and Financial Crimes Commission on a 15-count charge bordering on forgery and obtaining money under false pretence is to remain in Ikoyi prison till November 6, 2013.

Justice Saliu Seidu had on Friday October 25, 2013 remanded Eze in Prison custody following his arraignment by the EFCC. But when the matter was mentioned today, the Judge adjourned the matter to November 6 for consideration of the bail application of the accused person.
 
One of the charges against the accused reads, “that you Princewell Arinze Eze, (a.k.a. Aboki J. Brown), on or about the 19th day of July 2013 in Lagos within the jurisdiction of Federal High Court had in your possession without lawful authority, 15 (Fifteen) pieces of counterfeit United State Dollars denomination Number DE88222205A, knowing them to be counterfeit and thereby committed an offence contrary to section 5(2)(b) and punishable under section 5(2) of the Counterfeit Currency (Special Provision) Act, Cap C35, Laws of the Federation of Nigeria 2004”.

The accused person pleaded not guilty to the charges.

EFCC counsel, Rotimi Oyedepo informed the court that the prosecution was ready for trial and had brought its witnesses to court.

But defense counsel, C. J  Jiekeonna said he had filed a bail application and asked the court to admit his client to bail. 

The self-styled ADB Director is alleged to be a serial fraudster who had defrauded many bureaux de change operators in the guise of being a bank director. Also, 76 pieces of fake United States $100 bills were found in his possession. Upon his arrest, ten different handsets with 13 expired sim cards were also found on him.
 
      
Wilson Uwujaren
Head, Media and Publicity
31st October, 2013

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