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Jeweller JAILED for selling Cartier bracelet in dollars and refusing to collect naira as legal tender

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Jeweller JAILED for selling Cartier bracelet in dollars and refusing to collect naira as legal tender

The Federal High Court in Lagos on Tuesday jailed a jeweller for refusing to accept naira as a legal tender

Jeweller JAILED for selling Cartier bracelet in dollars and refusing to collect naira as legal tender
Jeweller JAILED for selling Cartier bracelet in dollars and refusing to collect naira as legal tender

Judge Alexander Owoeye convicted Precious Uzondu after he changed his initial not-guilty plea to guilty on Monday.

Earlier this month, the Economic and Financial Crimes Commission (EFCC) charged him with two counts of rejecting naira and accepting $5,700 last December for the sale of a Cartier diamond bracelet.

Delivering judgment, on Tuesday, the judge found the defendant guilty of both counts, the EFCC said in a statement.

The Federal High Court in Lagos on Tuesday jailed a jeweller for refusing to accept naira as a legal tender.

Judge Alexander Owoeye convicted Precious Uzondu after he changed his initial not-guilty plea to guilty on Monday.

Earlier this month, the Economic and Financial Crimes Commission (EFCC) charged him with two counts of rejecting naira and accepting $5,700 last December for the sale of a Cartier diamond bracelet.

Delivering judgment, on Tuesday, the judge found the defendant guilty of both counts, the EFCC said in a statement.

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