EFCC arrests man over alleged naira abuse

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Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested one Iziga Ikechukwu, popularly known as “Easy-money,” over alleged abuse of naira notes during his birthday celebration.

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The commission disclosed this in a statement posted on X on Thursday.

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According to the EFCC, Ikechukwu, a 24-year-old palm kernel dealer, was arrested by operatives of its Economic and Financial Crimes Commission Enugu Zonal Directorate following actionable intelligence from a viral video circulating on social media.

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The statement said the suspect was seen recording himself while abusing naira notes in his hotel room during the birthday celebration, an offence contrary to Section 21 of the Central Bank of Nigeria Act of 2007.

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It explained that a preliminary investigation was conducted after the intelligence was received, leading to the identification and arrest of the suspect.

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The commission said he was arrested on Feb. 28 at his residence in the Timber Market area of Enugu‑Ezike, Enugu State.

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According to the EFCC, the sum of N81, 700 suspected to be part of the money he allegedly mutilated, was recovered during the arrest.

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It added that the suspect would be charged in court upon conclusion of investigations.

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