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OLUNIKE
V.
FEDERAL REPUBLIC OF NIGERIA

(2016) JELR 50895 (CA)

Court of Appeal 13 May 2016 Nigeria
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- The appellant, a bank official, was charged alongside others for allegedly conspiring to substitute newspaper for currency in boxes intended for destruction by the Central Bank of Nigeria (CBN), sharing the proceeds of mutilated notes in

Case Details

Suit Number:CA/IB/200/2015
Judges:HARUNA SIMON TSAMMANI JCA (Read the Lead Judgment) NONYEREM OKORONKWO JCA
Counsel:Appellant’s counsel is absent . -*- Shola Obaribirin Esq. - for the Respondent.

TSAMMANI JCA (Delivering the Lead Judgment): Thisappeal is against the ruling of the Federal High Court, Ibadan Judicial Division, delivered by Hon. Justice A.O. Faji on the 19 June 2015.

The brief facts of the case have been succinctly stated by learned counsel for the respondent in paragraphs 2.01 - 2.02 of the respondent’s brief of arguments as follows: “The appellant and the other accused persons before the lower court were officials of the deposit money banks and Central Bank of Nigeria (CBN) who were saddled with the responsibilities of taking and receiving of deposits from Deposit Money Banks ( DMBs), boxing of cur r enc y, payment for withdrawals by the DBM, classification of cash into Counted Audit Clean (CAC) notes or Counted

Audited Dirty (CAD) notes, and eventually, for the coordination of evacuation of mutilated currency which is known as “briquetting exercise”, at Ibadan. The appellant herein is a staff of Wema Bank Nigeria, Ibadan branch, who worked in the cash manageme…

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