The suspect identified as Duru Samuel Ikechukwu, will reportedly forfeit the said amount as well as spend six months in jail for his crime.
Duru was arrested by officers of the Nigeria Customs Service at the Akanu Ibiam International Airport Enugu while on a trip to China in December 2015 and has now been handed over to the EFCC for further investigation and prosecution.
On Thursday, June 16, 2016, the suspect pleaded guilty in court to the one-count charge levelled against him.
The News Agency of Nigeria (NAN) reports that the defence counsel, Ikuka Kennedy, reportedly pleaded with the court to temper justice with mercy seeing that the convict has shown remorse for his actions and is a first time offender with no criminal records.
Justice Yinusa convicted and sentenced the suspect to six months in jail beginning from the date of his arrest, going on to order that the undeclared $86,000 be forfeited to the Federal Government, while the balance of $10, 000 and his international passport be returned to the convict.