The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, Awolowo Road, Ikoyi, Lagos, on Friday, April 4, 2025, arraigned one Folake Adeoti before Justice Yellim Bogoro of the Federal High Court sitting in Ikoyi, Lagos. She is facing trial on a one-count charge of Naira mutilation. Adeoti was arrested on March 21, 2025 around Jobi Fele Way, Ikeja, Lagos, while hawking Naira notes to the tune of N3,850,000.00. The charge reads: “That you, Folake Adeoti, on the 21st day of March, 2025, opposite Regency Hall, Jobi…
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