EFCC arrests 24-year-old for Naira abuse in Enugu

By Dele Oyewale

Operatives of the Enugu Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have arrested Iziga Jude Ikechukwu, also known as “Easy-money,” for allegedly abusing Naira notes during his birthday party.

Ikechukwu, a 24-year-old palm kernel dealer, was arrested following actionable intelligence received via a viral video circulating on social media, in which he was seen recording himself while abusing Naira notes in his hotel room during his birthday celebration. The offence contravenes Section 21 of the Central Bank of Nigeria (CBN) Act 2007.

Upon receipt of the intelligence, a preliminary investigation was conducted to verify the identity and address of the suspect. He was arrested on Saturday, Feb. 28, 2026, at his residence near Timber Market in Enugu-Ezike, Enugu State.

During the arrest, the sum of N81,700 (Eighty-one Thousand, Seven Hundred Naira) suspected to be part of the money he was mutilating was recovered.

The suspect will be charged to court as soon as investigations are concluded.