CBN DEBUNKS FAKE NEWS ON NEW N5,000 AND N10,000 BANKNOTES.(PHOTO).

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  The Central Bank of Nigeria (CBN) has dismissed a viral claim circulating on social media about the introduction of new ₦5,000 and ₦10,000 banknotes, labeling it as fake news. The claim, which included fabricated images of the supposed new denominations featuring Dr. Nnamdi Azikiwe and Chief Obafemi Awolowo, falsely stated that the new notes would enter circulation from May 1, 2025. In a statement on its verified Facebook account, the CBN clarified that the content is not from the bank and directed the public to its official website, (www.cbn.gov.ng), for authentic information. The bank warned against spreading misinformation regarding monetary policies and urged Nigerians to rely only on official statements from its verified channels. The CBN reaffirmed that any major policy decision, including the introduction of new banknotes, would be announced through its official platforms. The public is advised to remain cautious and verify financial information from credible sources befor...
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EFCC ARRAIGNS WOMAN FOR MONEY LAUNDERING.{PHOTO}.#PRESS RELEASE.

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The Economic and Financial Crimes Commission, EFCC, Benin Zonal Office on Wednesday March 3, 2021 arraigned one Hope Aroti before Justice Emeka Nwite of the Federal High Court sitting in Warri, Delta State.
Aroti was arraigned on a four count charge bordering on conspiracy to commit money laundering. Arotu is alleged to have used her bank account to receive over N6million of illicit fund from her co-defendant.
One of the counts reads: “that you Hope Aroti (F) and Oreva Oghenevokwe Emmanuel, sometimes in June 2019 at Warri within the jurisdiction of this Honourable Court did commit felony to wit: conspiracy to commit money laundering and thereby committed an offence contrary to Section 8(a)of the Money Laundering (Prohibition) Act, 2011 (as Amended) and punishable under Section 15(2)of the same Act”.
The defendant pleaded ‘not guilty’ to the charge, prompting the prosecution counsel, Francis Jirbo to ask the court to fix a date for trial and remand the defendant in custody.
Attempt by the defence counsel, E.D. Shakarho to move an oral application for bail was rejected by the Court, which directed him to file a formal application.
Justice Nwite ordered that the defendant be remanded at the Sapele Custodial Centre and adjourned till June 2, 2021 for trial.
May be an image of 1 person, standing and text that says "EFCC E.F.C.C BENIN ZONAL OFFICE NAME HOPE ATORI CR/NO: 7412020 SECTION: BANK FRAYD OFFENCE: MONEY LAUNDERING"

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