EFCC Nabs 24-Year-Old for Naira Note Abuse After Viral Video

 

 

 

The Economic and Financial Crimes Commission, EFCC, says its operatives have arrested a 24-year-old palm kernel dealer, Iziga Jude Ikechukwu, over alleged abuse of naira notes during his birthday celebration in Enugu.

 

 

The anti-graft agency disclosed this in a statement posted on its official page.

 

According to the statement, Ikechukwu also known as easy-money, was arrested by operatives of the EFCC Enugu Zonal Directorate after a viral video circulating on social media showed him allegedly mishandling naira notes in a hotel room during his birthday party.

 

 

“The suspect was seen recording himself while abusing naira notes in his hotel room during his birthday celebration,” the statement said.

 

The Commission said the act is contrary to Section 21 of the Central Bank of Nigeria Act 2007, which prohibits the abuse of the Nigerian currency.

 

 

The EFCC stated that after receiving the intelligence, a preliminary investigation led to the identification of the suspect and his address.

 

He was later arrested on February 28, 2026, at his residence around Timber Market in Enugu-Ezike, Enugu State.

 

According to the Commission, the sum of N81,700 believed to be part of the money allegedly abused in the video, was recovered from the suspect.

 

The EFCC added that the suspect will be charged in court after investigations are concluded.

 

 

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