Indonesian Political, Business & Finance News

Nigerian national jailed for fake U.S. dollar sale

| Source: JP

Nigerian national jailed for fake U.S. dollar sale

JAKARTA (JP): A 28-year-old Nigerian was sentenced to two
years in prison on Friday for possessing and selling fake U.S.
dollars with a face value of US$300.

Presiding judge Zulkifli Lubis told the Central Jakarta
District Court that defendant E. Chukwu had been found guilty of
violating Article 245 of the Criminal Code.

The article carries a maximum sentence of 15 years in prison.

"The panel of judges considers that the defendant knew the
notes were fake before he tried to sell them to a money changer,"
Zulkifli said.

Chukwu earlier said he had no idea that the money was
counterfeit. He claimed he bought it from a local currency trader
in Pasar Baru, Central Jakarta, early in March at the rate of Rp
9,000 per dollar and planned to sell them on again at a rate of
Rp 14,000.

At the time of purchase, the rupiah was trading at around Rp
10,500 to the dollar.

Judge Zulkifli said the defendant should have been suspicious
when someone offered him dollars at a rate below that prevailing
on currency markets at the time.

"It's a bit illogical that he did not know that," he told the
court.

Chukwu was arrested on March 11 when he tried to sell the
counterfeit dollars to a money changer on Jl. M.H. Thamrin in
Central Jakarta. (jun)

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