Justice Darius Khobo of the High Court, Kaduna on Thursday ordered that Peter Samson be remanded in a correctional centre, for alleged possession of counterfeit $400,000.
He gave the order after the Prosecution Counsel, Precious Onyeneho, prayed that he be remanded pending completion of investigation.
The judge ordered Samson’s counsel, Frank Isaac, to file a written bail application.
Khobo adjourned the case until July 25, 2022 for hearing of the defendant’s bail application.
The Economic and Financial Crimes Commission, Kaduna State Command charged Samson with one count of currency counterfeiting.
Earlier, the prosecution told the court that the defendant was arrested by the anti-graft agency on May 18, 2022 following an intelligence report.
He stated that the agency received a report on the activities of a syndicate of fraudsters duping unsuspecting victims in Kawo Area of Kaduna State.
Onyeneho added that upon receiving the report, the operatives swung into action, arrested the defendant and found with fake $400,000 in his possession.
The prosecution said the offence contravened the provisions of Section 5(1)(b) of the counterfeit currency (Special Provisions) Acts, Cap C35, vol 4, Laws of the Federal Republic of Nigeria, 2004.
The defendant pleaded not guilty to the charge.
