On Thursday, April 10, 2025, the EFCC EFCC Lagos District Zonal Bureau Bureau No. 1 declared a Moshood Moshood Mustapha Olanrewaju, with four votes accusation against four charges of alleged counterfeiting of forgery of currency, in front of the forgery of currency, Justice Yellin Bogoro, Senior Federal Judge of Ikoyi, Lagos.
Olanrewaju faces trial for allegedly owning $98 $50, totaling $4,350
One of the indexes read: “You, you, sometime in January 2025, at some point in Lagos State, within the jurisdiction of this honorary court, you have 21 forged $50 (Fifty US Banks), totaling $1,05050505050505050505 ($105 billion), and within the jurisdiction of this honorary court, there are $21 (50 US dollars), of which $700 million (50 US dollars), of which $15 billion are in the quantity. MB61754979C, MB61754988C, MB61754449C, MB61753319C, MB61753235C, MB61753885C, MB61754732C, MB61754432C, MB61754435C, MB61753868C, MB61753216C, MB61753103C, MB61753126C, MB61753124C, MB61754037C, MB61753352C, MB61753866C, MB641753346C, MB61753352C and MB61753363C, knowing that this is also forged, he committed an offence against Section 5(1)(b) and under Section 5(2) of the Counterfeit Currency (Special Provisions) Act, Cap C35, Cap C35, Cap C35, Federal Law of Nigeria, 2024. ”, 2024. ”
Another charge reads: “You, you, adult, adult, sometime in January 2025, at some time in Lagos State, within the jurisdiction of this glorious court, you own 26 forged $50 (five dollars in US Bank), totaling $1300 billion (one thousand three hundred US dollars), with $1300 billion (one thousand three hundred US dollars), ser serialc norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks norks MB61754665C, MB61 753138C, MB61753851C, MB61753272C, MB61753782C, MB61753115C, MB61753470C, MB61753888C, MB61753898C, MB61754441C, MB61753833C, MB61753872C, MB61754437C, MB61753367C MB61754675C knows that this is forged and therefore commits an offence against Article 5 (1) (b) and shall be punished in accordance with Article 5, paragraph 2 of the Forgery of Currency (Special Provisions) Act, Cap C35, Federal Law of Nigeria, 2024. ”
However, the defendant pleaded not guilty to the charge when reading it to them.
In view of his guilty plea, prosecutor’s attorney Zeenat Atiku demanded a trial date and urged the court to send him back to the Nigerian Correctional Institution, North Carolina, pending the trial to begin.
In his reply, the defense attorney asked the court for a short term to get him to file a bail application on behalf of his client.
Justice Bogoro adjourned the matter until the trial was held on June 9, 2025 and ordered the defendant to be detained in the correctional facility.
