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Home Nigeria Metro Akwa Ibom Court Hands 10-Year Terms in ₦67.51m Forex Scam

Akwa Ibom Court Hands 10-Year Terms in ₦67.51m Forex Scam

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An Akwa Ibom State High Court in Uyo sentenced two men to 10 years’ imprisonment over a failed forex transaction linked to ₦67.51m. The court held that the prosecution proved counts including obtaining by false pretence and stealing.

The case underscores renewed judicial focus on financial fraud and abuse of trust in banking-linked transactions.

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