Following his arrest on Wednesday, Bobrisky was charged with six crimes by the Economic and Financial Crimes Commission (EFCC), two of which included money laundering and the other four dealing with abuse of the Naira.
However, two of the money laundering accusations were withdrawn.
After a video showed him spraying wads of cash during the March 24, 2024, premiere of Eniola Ajao’s film “Beasts of Two Worlds” went viral, he was arrested.
Popular transvestite Bobrisky was found guilty of charges pertaining to the misuse of Naira and was found guilty by a Federal High Court in Lagos.
Following his arrest on Wednesday, Bobrisky was charged with six crimes by the Economic and Financial Crimes Commission (EFCC), two of which included money laundering and the other four dealing with abuse of the Naira.
However, two of the money laundering accusations were withdrawn.
After a video showed him spraying wads of cash during the March 24, 2024, premiere of Eniola Ajao’s film “Beasts of Two Worlds” went viral, he was arrested.
The social media influencer informed the court he was unaware that tampering with the Naira note or coin is an offense that is punishable by law, according to a report published in the daily Punch Nigeria on Friday, April 5.
Bobrisky expressed his regret to the court and said that if given another chance, he would use it to warn his supporters against money-spraying.
In addition, he pledged to never make the same error twice and to post a video on the topic.
Judge Abimbola Awogboro found Bobrisky guilty after considering all of the case’s circumstances.
Related story:Bobrisky arrested for alleged abuse of naira notes
In the wake of Bobrisky’s arrest on Wednesday, the EFCC disclosed that, in addition to the event on March 24, its investigation indicated that Bobrisky had altered the naira multiple times in 2023.
In addition, the influencer was accused of money laundering twice. The agency claims that the transvestite neglected to notify the proper authorities about the operations of a business he founded and named the Bob Express.
EFCC revealed in a statement that on different occasions millions of naira were paid into the company’s account raising suspicions.
“In count five, Bobrisky, while trading under the name and style of Bob Express between 1 September 2021 and 4 April 2024 in Lagos, failed to submit to the Special Control Unit Against Money Laundering a declaration of the activities of the said company, (Bob Express), within which period the total sum of N127.7m was paid into the company account domiciled with Ecobank.”
“In count six, Bobrisky is also accused of failing to submit a declaration of the activities of the company within the same period when another N53 million was paid into the company’s account, thereby committing an offence contrary to Section 6(1)(a), and Section 19(1) (f) of the Money Laundering (Prevention And Prohibition) Act and punishable under Section 19 (2) (b) of the same Act.”
Judge Abimbola Awogboro, however, dismissed the money laundering claims on Friday in court.
This came after Suleiman Suleiman, the prosecuting attorney for the EFCC, begged the court to dismiss counts five and six, which dealt with allegations of money laundering, and to arraign him on counts one through four instead.
The court has not yet revealed the punishment in the interim.
