Bobrisky’s recent encounter with the Economic and Financial Crimes Commission (EFCC) has brought to light the legal implications of abusing Nigerian currency, sparking discussions about the potential outcome should the case proceed to court.
The socialite, known for his flamboyant lifestyle, was arrested by the EFCC following allegations of spraying new naira notes at the premiere of “Beast of Two Worlds” in Lagos. This act, according to the anti-graft agency, violates Section 21 of the Central Bank of Nigeria Act, which prohibits tampering with currency issued by the Bank.
Join our WhatsApp ChannelREAD ALSO:EFCC Questions Bobrisky Over Naira Abuse
Section 21 of the Act clearly outlines the consequences of such actions, stating that individuals found guilty could face imprisonment for a minimum of six months or a fine not less than ₦50,000, or both. Moreover, subsection (3) of the same section specifies that any form of dancing, matching, or spraying of currency during social occasions constitutes an abuse and defacement of the currency, warranting punishment under the law.
This isn’t the first time such a case has come to public attention. In February 2023, Nollywood actress Oluwadarasimi Omoseyin faced similar charges for stepping on and spraying new naira notes at a social event in Lagos.
Subsequently, she was convicted and sentenced to six months imprisonment or a fine of ₦300,000 by Justice Chukwujekwu Aneke of the Federal High Court in Ikoyi, Lagos.
Somto is an Entertainment Reporter with a passion for uncovering the latest stories in the world of entertainment. As a dedicated journalist, Somto delivers in-depth reporting, exclusive interviews, and breaking news coverage.
She covers a wide range of topics, from celebrity interviews to industry trends and film reviews.
As an Entertainment Reporter for Prime Business Africa, She continues to provide comprehensive and insightful coverage of the entertainment industry, offering readers an insider's perspective on the latest developments and trends. She is a trusted source for breaking news, exclusive interviews, and thought-provoking analyses.
Somto is dedicated to providing valuable information and entertainment to her audience while upholding the highest standards of journalistic integrity.
Follow Somto on social media:
LinkedIn: Somtochukwu Bisina
#EntertainmentReporter #MediaProfessional #Journalism
Follow Us