Siblings remanded in prison for possessing fake currency

Two brothers, Ihesiaba Ifeanyi 28, and Ihesiaba Hope, 33, were on Monday remanded in prison for having in their possession counterfeit currency.

The Ihesiabas were charged before an Ebutte Metta Magistrate court by the men of State Criminal Investigation and Intelligence Department (SCIID), on five-count charge bordering on unlawful possession of counterfeit currency, and issuing of counterfeit currency.

The police prosecutor, Inspector Goddy Osuyi, had informed the court that the two brothers were arrested on May 25, 2016, at about 7:00 p.m. at Magodo gate Isheri, with 78 pieces of Nigeria’s N1000 notes.

Osuyi also informed the court that one of the two brothers, Ifeanyi, offered a fake N1000 note to one Favour Umelo, knowing fully well that the currency was counterfeit.

The two brothers however pleaded not guilty to the charges.

Upon their plea of the two brothers, the prosecutor, Osuyi, urged the court to remand them in court pending when they will be properly arraigned at the Federal High Court.

The matter was adjourned till August 11.