Businessman Remanded in Lagos Over $90,000 Non-Declaration Case
A Federal High Court in Lagos has ordered the remand of a Sierra Leonean national, Alhaji Ahmed Shaw, for allegedly failing to declare $90,000 to the Nigerian Customs Service (NCS).
Justice Deinde Dipeolu directed that Shaw be kept in the custody of the Nigerian Correctional Service (NCS) following his arraignment by the Economic and Financial Crimes Commission (EFCC).
The EFCC accused Shaw of violating financial regulations by not declaring the foreign currency during inward clearance at the Murtala Mohammed International Airport, Ikeja, Lagos.
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EFCC counsel, Okezie Chinenye, informed the court that Shaw’s actions were in contravention of Section 3(5) of the Money Laundering (Prohibition and Prevention) Act, 2022.
Shaw, however, pleaded not guilty to the charge.
His defense counsel, Victor Chinedu, told the court that his client had just received the charge and was unprepared for trial.
Following this, Justice Dipeolu adjourned the trial to April 15 and ordered Shaw’s remand in the NCS facility pending further proceedings.
