India, Feb. 11 -- The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, on Wednesday, February 5, 2025, arraigned one Precious Uzondu on a two-count charge bordering on his alleged refusal to accept the Naira as a legal tender.

According to a statement shared on the Commissions X (formerly Twitter) account on Tuesday, Uzondu refused to accept Naira, Nigeria's official currency, as a means of payment. Instead, he allegedly received the sum of $5,700 (Five Thousand Seven Hundred U.S. Dollars) as payment for the purchase of a Carter diamond bracelet with serial number 12345678. His actions violated Section 20 of the Central Bank of Nigeria Act, 2007.

The statement said, "The Lagos Zonal Directorate of the Economic an...