Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,195 members, 7,818,647 topics. Date: Sunday, 05 May 2024 at 08:42 PM

Obi Kubana, Kanayo O Kanayo, And Others Face Six Months In Prison, SEE WHY - Celebrities - Nairaland

Nairaland Forum / Entertainment / Celebrities / Obi Kubana, Kanayo O Kanayo, And Others Face Six Months In Prison, SEE WHY (761 Views)

Kanayo O Kanayo And His Children - Daughter & Sons (Throwback Photos) / Kanayo O Kanayo And His Family At His Call To Bar Ceremony (pictures) / Kanayo O. Kanayo And Two Ex-Muslim Sisters Baptised As Catholics (2) (3) (4)

(1) (Reply) (Go Down)

Obi Kubana, Kanayo O Kanayo, And Others Face Six Months In Prison, SEE WHY by gidient(m): 8:26pm On Jul 19, 2021
https://www.gidient.com/obi-kubana-kanayo-o-kanayo-and-others-face-six-months-in-prison-see-why/

Obi Kubana, Kanayo O Kanayo, and others face six months in prison for misusing Naira note.

According to the Central Bank of Nigeria (CBN), they breached the rule on ‘abusing naira notes.’

Obi Cubana dominated social media trends for nearly four days after hosting an elaborate funeral for his late mother Ezinne Iyiegbu over the weekend.

The funeral was honored by Kanayo O. Kanayo, Davido, Alex Ekubo, E-Money, Kcee, and other celebrities.

Akin Alabi, founder of Naira Bet and member of the House of Representatives, also participated in the event.

A video posted online shows Obi Cubana spraying people around him with naira banknotes.

The funeral was full of guests, and Kanayo O. kanayo and other celebrities also appeared in the video spraying Cubana naira banknotes.

The Central Bank of Nigeria (CBN) has previously warned that it is ready to cooperate with the police and that the Ministry of Justice will charge anyone who sprays naira cash at the party.

According to the statement.

“If a celebrant is dancing and you spray him/her, you may go to jail from the party venue because the law enforcement agents will be there, waiting to arrest you.

“It is the duty of law enforcement agencies to catch offenders and take them to court. Our collaboration with the police will intensify as we move to implement the mobile court for offenders.”

Spraying naira and dancing on banknotes is an abuse of Nigerian currency and violates SECTION 21 of the 2007 CBN Act, which provides for six months' imprisonment.

The Act states:

(1) A person who tampers with a coin or note issued by the Bank is guilty of an offense and shall on notes and coins imprisonment for a term not less than six months or to a fine not less than N50,000 or to both such fine and imprisonment.

(2) A coin or note shall be deemed to have been tampered with if the coin or note has been impaired, diminished, or lightened otherwise than by fair wear and tear or has been defaced by stumping, engraving, mutilating, piercing, stapling, writing, tearing, soiling, squeezing or any other form of deliberate and willful abuse whether the coin or note has or has not been thereby diminished or lightened.

(3) For the avoidance of doubt, spraying of, dancing or matching on the Naira or any note issued by the Bank during social occasions or otherwise howsoever shall constitute abuse and defacing of the Naira or such note and shall be punishable under Sub-section (1) of this section.

https://www.gidient.com/obi-kubana-kanayo-o-kanayo-and-others-face-six-months-in-prison-see-why/

Re: Obi Kubana, Kanayo O Kanayo, And Others Face Six Months In Prison, SEE WHY by tempem: 8:31pm On Jul 19, 2021
Una get wàhálà! undecided
Re: Obi Kubana, Kanayo O Kanayo, And Others Face Six Months In Prison, SEE WHY by tillaman(m): 8:32pm On Jul 19, 2021
grin

1 Like

Re: Obi Kubana, Kanayo O Kanayo, And Others Face Six Months In Prison, SEE WHY by Valuepaints20(m): 8:34pm On Jul 19, 2021
Ok
Re: Obi Kubana, Kanayo O Kanayo, And Others Face Six Months In Prison, SEE WHY by Silvernus2020(m): 8:37pm On Jul 19, 2021
So, It's only in performing wicked acts, that Nigeria would remember they have a Constitution,......

Re: Obi Kubana, Kanayo O Kanayo, And Others Face Six Months In Prison, SEE WHY by Valuepaints20(m): 8:41pm On Jul 19, 2021
How true is this information
Re: Obi Kubana, Kanayo O Kanayo, And Others Face Six Months In Prison, SEE WHY by malcom1X: 8:50pm On Jul 19, 2021
They were all spraying dollars not Naira.

Do you have witnesses Mr blogger?
Re: Obi Kubana, Kanayo O Kanayo, And Others Face Six Months In Prison, SEE WHY by MyVILLAGEpeople(m): 9:07pm On Jul 19, 2021
Another mad man grin
Re: Obi Kubana, Kanayo O Kanayo, And Others Face Six Months In Prison, SEE WHY by simplepee(f): 9:23pm On Jul 19, 2021
Una no dey tire?? undecided

Obi cubana everyday, I will soon leave this country for una.
Re: Obi Kubana, Kanayo O Kanayo, And Others Face Six Months In Prison, SEE WHY by Valuepaints20(m): 9:49pm On Jul 19, 2021
simplepee:
Una no dey tire?? undecided

Obi cubana everyday, I will soon leave this country for una.
Lol
Re: Obi Kubana, Kanayo O Kanayo, And Others Face Six Months In Prison, SEE WHY by Iliveforever(m): 9:50pm On Jul 19, 2021
gidient:
https://www.gidient.com/obi-kubana-kanayo-o-kanayo-and-others-face-six-months-in-prison-see-why/

Obi Kubana, Kanayo O Kanayo, and others face six months in prison for misusing Naira note.

According to the Central Bank of Nigeria (CBN), they breached the rule on ‘abusing naira notes.’

Obi Cubana dominated social media trends for nearly four days after hosting an elaborate funeral for his late mother Ezinne Iyiegbu over the weekend.

The funeral was honored by Kanayo O. Kanayo, Davido, Alex Ekubo, E-Money, Kcee, and other celebrities.

Akin Alabi, founder of Naira Bet and member of the House of Representatives, also participated in the event.

A video posted online shows Obi Cubana spraying people around him with naira banknotes.

The funeral was full of guests, and Kanayo O. kanayo and other celebrities also appeared in the video spraying Cubana naira banknotes.

The Central Bank of Nigeria (CBN) has previously warned that it is ready to cooperate with the police and that the Ministry of Justice will charge anyone who sprays naira cash at the party.

According to the statement.

“If a celebrant is dancing and you spray him/her, you may go to jail from the party venue because the law enforcement agents will be there, waiting to arrest you.

“It is the duty of law enforcement agencies to catch offenders and take them to court. Our collaboration with the police will intensify as we move to implement the mobile court for offenders.”

Spraying naira and dancing on banknotes is an abuse of Nigerian currency and violates SECTION 21 of the 2007 CBN Act, which provides for six months' imprisonment.

The Act states:

(1) A person who tampers with a coin or note issued by the Bank is guilty of an offense and shall on notes and coins imprisonment for a term not less than six months or to a fine not less than N50,000 or to both such fine and imprisonment.

(2) A coin or note shall be deemed to have been tampered with if the coin or note has been impaired, diminished, or lightened otherwise than by fair wear and tear or has been defaced by stumping, engraving, mutilating, piercing, stapling, writing, tearing, soiling, squeezing or any other form of deliberate and willful abuse whether the coin or note has or has not been thereby diminished or lightened.

(3) For the avoidance of doubt, spraying of, dancing or matching on the Naira or any note issued by the Bank during social occasions or otherwise howsoever shall constitute abuse and defacing of the Naira or such note and shall be punishable under Sub-section (1) of this section.

https://www.gidient.com/obi-kubana-kanayo-o-kanayo-and-others-face-six-months-in-prison-see-why/


Shut up osiso, the law is for the poor ones like you OP grin

(1) (Reply)

Bbnaija: Michael Tearfully Apologises To Jackie For Being Insensitive, Hugs Her / Virgin Boss, Richard Branson Survives Bike Crashes(Video) / I Am The Hardest To Catch, Not Everyone Can Date Me - Mercy Eke (video)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 22
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.